Improving the effectiveness of direct state participation in investment activity

The task of ensuring Russia's sustainable economic development requires additional public investment to update existing assets and create new fixed assets and infrastructure facilities. Additional efforts are also needed to create favorable economic conditions and financial incentives to attract private investment in the realization of major investment projects. The article is devoted to the modern practice of direct participation of the state in investment activities, including problems and trends in the provision of budget investments. It is concluded that there is a need to correct the approach to determining the effectiveness of budget investments. Based on the identified problems, recommendations are formulated to improve the effectiveness of direct state participation in investment activities.