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Development Institutions

Development institutions are one of the tools of state policy, stimulating innovation processes and infrastructure development using public-private partnership mechanisms. The main goal of development institutions is to overcome the so-called "market failures" to solve problems that can not be optimally realized by market mechanisms, to ensure sustainable economic growth and economic diversification.

Development institutions act as a catalyst for private investment in priority sectors and sectors of the economy and create the conditions for the formation of an infrastructure that provides access to the necessary financial and information resources for enterprises operating in priority sectors of the economy.