Nargiza kasimova farkhod mukhamedov elkan harebov

partnerships, the resources and contributions of the parties are consolidated 
- financial risks and costs, as well as the results achieved, are distributed 
between the parties in predetermined proportions 
This is a medium to long term relationship. 
When entering a public-private partnership project, the private party should 
have a clear understanding of its financial tactics as a set of methods for solving 
financial problems, considering  the most important elements of a financial 
strategy. By financial strategy we understand the long-term course of financial 
development of both the private party and the public-private partnership project 
that it implements, which is based on a long planning horizon, usually 
containing capital-intensive tasks. 
It should be noted that in practice, when discussing tactical issues of 
financing any investment projects, most of the top managers of domestic 
organizations adhere to one of two positions: 
1. If you have your own resources, it is better not to resort to borrowed 
financing. And if your own resources are not enough for the implementation of 
the investment project, then it is better not to start: “take other people’s money, 
give your own”. 
This point of view, of course, has a right to exist, but it must be understood 
that in this case the private partner limits himself in the prospects for further 
development and building up his competitive potential. The theory of financial 
management suggests that the financial leverage can and should be used by the 
organization, especially if it concerns the private party planning to participate in 
a public-private partnership project. 
2. A number of managers who do not share the above position may adhere 
to the following condition: the term of borrowed financing (for example, in the 
form of a loan) must be at least the payback period of a public-private