DOI:

Abstract

Restructuring of public investment in the context of innovation of development model and economic structure is one of important tasks set for the five-year socioeconomic development plan 2011 – 2015. This paper presents three problems examined in the systematic relation between public investment and other policies within the public finance: (1) Budget overspend and public debt; (2) Public investment and operations of finance market; and (3) Restructuring of the public sector as an instrument for dealing with negative effects from the market. As a conclusion, the author offers suggestions about the successful and effective restructuring of public investment in future.

Keywords

Public Investment; Budget Overspend; Public Debt; Public Financial Policy; Finance Market; Stateowned Companies.