Accounting Data Empowers Public Investments, Fueling Economic Growth and Technological Advancement
Accounting information is crucial for making decisions about public investments. It helps determine if projects are financially viable. The study explores how accounting data influences choices before starting investments, especially in the public sector. It shows that revenues and expenses are key indicators for deciding whether to proceed with projects. The research emphasizes three reasons why public investments are essential: advancing technology to keep up with global trends, boosting economic growth by investing in infrastructure during crises, and utilizing grant funds for post-accession investments. Public investments are given high priority, as seen in programs like POS Transport. Overall, the study highlights how accounting information guides decision-making for public investment projects in today's economic landscape.