State regulation of investment activity at the regional level

The negative geopolitical situation and external sanctions pressure on Russia require the development of adequate measures of state regulation in order to ensure the investment of the national economy. The activity of investment activity has a significant impact on the sustainable development of the regional economy. The article shows that the subjects of the Russian Federation are not only objects, but also subjects of development: they determine the goals of their development in the medium and long term, choose methods and tools for their implementation, which is confirmed by the practice of developing regional development strategies. The tool for implementing strategies is the highest form of state regulation - programming.