The Cabinet approved the Regulation on Management of Public Investment in its meeting on August 24, 2020. The Regulation was published in Official Gazette 1390 dated October 31, 2020. This regulation is applicable to all publicly funded development projects and has 10 chapters and 52 Articles. The regulation specifies the steps for the development of public investment projects, categorization of the projects, analysis, and evaluation of the projects, inclusion of the project in the budget bill, creation of a budget code for such projects, supervision, and reporting, and establishes Public Investment Projects Preparation Fund.