State Policy Financial Support of Development of Agricultural Sector

• Main Authors: Ponedilchuk Tatiana, Paska Igor, Novikova Victoria, Satyr Larisa, Zadorozhna Ruslana
• Format: Article
• Language: English
• Published: EDP Sciences 2021-01-01
• Series: SHS Web of Conferences
• Subjects: government funding; government support; financial policy; financial resources, world economic space
• Online Access: https://www.shs-conferences.org/articles/shsconf/pdf/2021/03/shsconf_glob20_02052.pdf

Research background: The current state and main directions of state policy of financial security of agriculture production based on the evaluation of financial results of entities that are defined by a set of financial and economic indicators. The problems and prospects of the state policy on directions and volumes of budget support to the agricultural sector by analyzing the content and scope of government support. Despite some positive trends in the development of agriculture of Ukraine, one of its main problems is the lack of funding from the state. Purpose of the article: The purpose of the study is to identify the according financial policy action for financial providing agricultural production for basic analysis of indicators of its financial and economic development, and identifying key targets for economic growth of the industry. Methods: The methods of monitoring stаtе rеgulаtion of finаnciаl support for thе dеvеlopmеnt of аgriculturаl sеctor are: information-analytical, information-statistical, sociological, geo-information. Findings & Value added: State financial policy should direct participants in financial relations to implement political, social and economic targets, defining goals and ways to achieve it. The state should play a key role in the innovation process and address its effects on the financial support of research and development and act big, and sometimes the main investor in the new knowledge and technology.