Assessment of Regional Economic Development in the Framework of the Implementation of Regional Projects and Programs

   Relevance. The current political situation in the world requires strengthening the domestic economy, which actualizes the study of regional economic policy issues and, in particular, state programs, the effective implementation of which contributes to effective regional economic development.
   The purpose is assessment of the current state of the region's economy within the framework of state programs and prospects for its development, which determine the direction of regional economic policy.
   Objectives: analysis of the implementation of the federal state program "Economic development and innovative economy" in the Kursk region in comparison with the regions of the Central Federal District; assessment of the level of effectiveness of the implementation of the regional state program "Development of the economy and external relations of the Kursk region"; the study of the prospects for regional economic development of the Kursk region within the framework of state programs and the establishment of the orientation of the formation of regional economic policy.
   Methodology. Methods used in the research: statistical information processing; statistical analysis and synthesis; graphical method of data visualization.
   Results. An analysis of the implementation of the federal state program "Economic development and innovative Economy" in areas related to investment activities and small and medium-sized enterprises showed that the Kursk Region occupies lagging positions within the Central Federal District in 2019. Evaluation of the effectiveness of the regional state program "Development of the economy and external relations of the Kursk region", showed that in general for the period 2019-2021. it has a high level of implementation efficiency. The prospects for the regional economic development of the Kursk region are determined by the results of the implementation of the regional state program under consideration until the end of 2024 with the allocation of appropriate funding and a number of measures provided for in each direction, on the results of which the direction of the formation of the regional economic policy of the Kursk region depends.
   Conclusions. Stimulating the development of small and medium-sized businesses and the development of investment activities, as directions of the Kursk Region state program, is an important aspect of regional economic policy, since it contributes to the development of the regional economy as a whole and, ultimately, affects the strengthening of the economy within the country.

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