Assessment of attracting resources of international financial organizations for financing infrastructure projects in Ukraine

Анотація

The article examines problematic issues of application of programs related to the formation and development of critical infrastructure by international financial organizations (IFIs) in the context of transformational processes, taking into account modern realities. An assessment of the current state of the structure of infrastructure projects financed by the resources of international financial organizations was carried out. The priority directions for the use of financial resources allocated by individual organizations were analyzed. It has been found that IFIs use various mechanisms and tools for providing assistance to states in the financial provision of infrastructure, and their resources are directed to cover capital expenditures from the state and local budgets, replenishment of budget funds for specific purposes. Financing of road, transport, energy infrastructure is carried out. The article emphasizes the fact that financial support of IFIs is provided for the development of municipal infrastructure, city transport, highways, railways, small and medium-sized businesses, implementation of renovation projects, etc. The need for more effective use of the resources of IFIs in financing infrastructure projects as an important element of the system of financial support for economic development and the construction and expansion of the relevant legislative framework, taking into account the state of war in Ukraine, is revealed. In order to determine the priority projects to be included in infrastructure plans, it is suggested to consider the possibility of applying in Ukraine the methodology of prioritization of infrastructure projects based on the multi-criteria evaluation of target indicators defined in state, sectoral or city strategies and programs, which was developed by the World Bank.

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