IDEAS home Printed from https://ideas.repec.org/a/fru/finjrn/180606p71-82.html
   My bibliography  Save this article

“Factory” for Project Financing: Budget Problems and Risks

Author

Listed:
  • Makar I. Kudelich

    (Financial Research Institute, Moscow 127006, Russia)

Abstract

The launch of the “Factory” for Project Financing program in early 2018 was a new stage in the development of project financing in Russia with state support. At the same time, the rules of the program create certain imbalance in risks allocation between government and private investors comparing to general rules of undistorted market environment. In this regard, this article discusses the key features of project financing “Factory” program and also contains proposals for program improvement rules in order to increase justification of federal budget expenditures and reduce the risks of state when implementing investment projects within the program.

Suggested Citation

  • Makar I. Kudelich, 2018. "“Factory” for Project Financing: Budget Problems and Risks," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 6, pages 71-82, December.
    • Handle: RePEc:fru:finjrn:180606:p:71-82
    DOI: 10.31107/2075-1990-2018-6-71-82
    as

    Download full text from publisher

    File URL: http://www.finjournal-nifi.ru/images/FILES/Journal/Archive/2018/6/statii/fm_2018_6_06.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.31107/2075-1990-2018-6-71-82?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    “Factory” for project financing; federal budget; investment project; specialized society of project financing; State Development Corporation “VEB.RF”; subsidies; state guarantees;
    All these keywords.

    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • H81 - Public Economics - - Miscellaneous Issues - - - Governmental Loans; Loan Guarantees; Credits; Grants; Bailouts

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fru:finjrn:180606:p:71-82. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gennady Ageev (email available below). General contact details of provider: https://edirc.repec.org/data/frigvru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.