PRIORITIES OF FINANCIAL SUPPORT OF STATE INVESTMENT ACTIVITIES AND INVESTMENT POLICY IN GEORGIA

Abstract

The article discusses current issues of financial support of state investment activities and investment policy, analysis of current practice and current situation. The study analyzes the financial and credit regulation of investments in Georgia and the relationship with the investment environment, its positive and negative aspects,the relationship of investment property financial decisions to a sequence of political, socio-economic and cultural factors, as well as challenges and opportunities in this area. The attention was focused on aspects such as: ensuring the stability of the macroeconomic and political environment, developing fiscal and monetary policies, taking into account the interests of the production sector, creating a transparent, efficient, stable and legal environment, removing bureaucratic and corruption barriers, revitalizing the work of agencies promoting investment activities. Moreover, there are estimated "SWOT factors" strengths and weaknesses of the investment environment of Georgia, its capabilities and threats. The author notes that Georgia will be able to interest investors in further expanding the production capacities in which they have already invested, only if it provides: - socio-economic stability within the country, - development of communication structures, - high level of education. Georgia has such an important factor as cheap labor force (due to low qualification of workers and high level of unemployment), which is one of the decisive factors for placing investment funds in the country. The author has focused on the growth of such financial resources in the structure of foreign investments, which will be directed to the restoration and development of production based on the state's interests. Improving the business institutional environment necessary for creating new industries, accelerating the process of economic liberalization and increasing the efficiency of the financial sector. Keywords: investment environment, funds, credit rating, public debt, foreign investments, transport sector.