Increase of the financial potential implementation of the municipal investment policy

The article describes the problems of formation and increase the financial capacity of municipalities to implement the investment policy. The peculiarity of the formation of the financial capacity of the partnership is seen in the involvement of state, municipal and private investors. The difference between the financial potential and the actual financial support form the financial capacity (financial and investment reserve) of the territory of the municipality and determines the presence of promising projects its investment attractiveness in a competitive environment for financial resources. To create a favorable investment climate of municipalities and a capacity increase of the financial implementation of the investment policy, the use of a set of interrelated and mutually institutional, organizational and information measures is required. Institutional arrangements consist in an active operation of development institutions, improvement of investment legislation amendment meant to subsidize a part of the costs by means of the issuance of corporate bonds to finance investment projects, increase of the existing benefit in the form of the compensation from the regional budget of the difference in interest rates on loans obtained for the realization of the investment project; regulatory legal acts regulating the investment process in all municipalities; regulations on MCHP...