PROBLEMS OF EVALUATION OF STATE FINANCIAL PARTICIPATION IN THE IMPLEMENTATION OF INVESTMENT PROJECTS IN DETERMINING THEIR BUDGET EFFICIENCY
Keywords:
investment project, state financial aid, shortfall in revenues, additional effect, lost additional effect, budgets, extra–budget fundsAbstract
The origin of budget additional effect when providing state financial aid for investment project
implementation is studied in the article. The author has investigated the conditions under which the
additional effect becomes to be a lost one, it has also been grounded how it differs from shortfalls in
budget revenues. In order to improve the accuracy of budget efficiency estimation of investment projects
a technique of lost additional effect estimation has been worked out and tested.
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