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Economic growth agenda: The effects of full utilisation of capital budgets among statistical planning regions in North Macedonia

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Garvanlieva Andonova V., Nikolov M., Velkovska I., Petrovska A. M.
European Spatial Research and Policy
|
2021
|
vol. 28
|
issue 2
131-146
EN
North Macedonia can improve its economic growth by addressing the infrastructure gap by at least full capital budget utilisation. The outturn/execution of capital budget expenditures is low and in relative terms decreasing. The planned public finances for regional balanced development are also low and non-compliant with the legally set levels. A test of several hypothetical scenarios of full capital budget utilisation it is expected to positively contribute to the economic growth immediately and in the period to follow. Even if total debt increases in nominal terms, in relative terms the debt-to-GDP on a longer-run reduces through generating additional economic output.
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POZABANKOWE FINANSOWANIE INWESTYCJI GMINNYCH

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Wołowiec T.
International Journal of Legal Studies (IJOLS)
|
2018
|
issue 4(2)
129-140
PL
Warunkiem skutecznego pozyskiwania zewnętrznych środków finansowych, pochodzących z funduszy unii europejskiej jest długoterminowe planowanie i analiza projektów inwestycyjnych w zakresie właściwego doboru źródeł finansowania. Zgodnie z art. 236 ust. 4 ustawy o finansach publicznych (dalej: ufp), w planie wydatków majątkowych wyodrębnia się w układzie działów i rozdziałów planowane kwoty wydatków majątkowych, do których zalicza się: wydatki na inwestycje i zakupy inwestycyjne, w tym na programy finansowane z udziałem środków, o których mowa w art. 5 ust. 1 pkt 2 i 3 ufp., w części związanej z realizacją zadań jednostki samorządu terytorialnego; zakup i objęcie akcji i udziałów oraz wniesienie wkładów do spółek prawa handlowego.
EN
A condition for the effective acquisition of external financial resources coming from the funds of the European Union is the long-term planning and analysis of investment projects in the scope of proper selection of financing sources. According to art. 236 para. 4 of the Public Finance Act (hereinafter: ufp), in the property expenditure plan, the planned amounts of capital expenditure are distinguished in the system of departments and chapters.They include: invest-ment expenditures and investment purchases, as well as programs financed with funds of referred to in art. 5 para. 1 point 2 and 3 ufp. In part related to the implementation of tasks of the local government unit; purchase and acquisition of shares and contributions to commercial law companies.
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