THE PLACE AND SIGNIFICANCE OF GOVERNMENT PROGRAMS IN FINANCING INVESTMENTS IN FIXED CAPITAL

Abstract

The article attempts to reveal the economic essence of the concept of investment in fixed capital on the basis of theoretical views and approaches of various economic scientists. In addition, the importance of government programs in financing investments in fixed capital in the national economy, the experience of developed and developing countries in this regard were studied. It was found that in developed countries, large infrastructure and innovative investment projects are supported within the framework of public investment programs, while in developing countries, public investment programs are more seen as a locomotive that stimulates economic growth. Also, at the end of the study, relevant conclusions and recommendations are given.