ATTRACTING EXTRA-BUDGETARY INVESTMENTS AS A WAY TO ENSURE THE ECONOMIC SECURITY OF PUBLIC-PRIVATE PARTNERSHIP PROJECTS
The challenge of external and internal threats to the economic security of the Russian Federation, the increase in the efficiency of the use of budgetary funds and the increase in investments in the fixed capital of the public sector of the economy with the active participation of medium and small businesses, as well as ongoing events around the world are forcing authorities to look for alternative methods of financing their structural investment projects. In addition to the funds allocated from the state budget, the available financing methods may also include public-private partnership and a hybrid project. This requires the unification of project documentation and the introduction of new legal norms. The identified key problems and contradictions that exist in the implementation of public-private partnership projects allow us to conclude that almost all of them are due to the lack of rules for budget accounting and tariff setting that do not provide the necessary guarantees to a private investor who intends to invest in projects.The main problems that arise when applying existing legislation to public-private partnership projects are the underestimation by legislators and executive authorities of their impact on the effectiveness (efficiency) of budget allocations directed to the provision of state (municipal services) and to the implementation of budget investments in state and municipal property, which indicates the need for systematic work on the improvement and institutional support of this type of interaction of the state, business and civil society. At the same time, public-private partnership projects are characterized by a certain complexity, to a greater extent this is due to the risk assessment system at the planning stage. As the rapidly developing globalization, which mainly concerns the economic sphere, becomes the cause of the complexity of modern financial and socio-organizational systems, the percentage of instability and uncertainty of these systems increases. Thus, in the conditions of unstable socio-economic situation in Russia, the economic risks of implementing a project to create a joint-type penal institution in the Kaluga Region have significantly increased. This article is an attempt to present some of the problems associated with the use of public-private partnerships.