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Mechanism for Implementing State Financial Support to Agricultural Producers

Author

Listed:
  • Nataliya Trusova

    () (Dnepropetrovsk State Agrarian-Economic University)

Abstract

The article overviews the system and mechanism of the state financial support for agriculture in the form of direct and indirect regulation of their legislative provision. The trends in changes to the structure of government support for agriculture have been analyzed, in particular it has been found that there is insufficient budget financing by the state which lead to inefficiency of financial security of such important programs for agricultural sector development as credit price reducing, budgetary subsidy in livestock, compensation for electricity and special water consumption, agricultural insurance, farm support. It has been grounded that support for agricultural sector in Ukraine as an important mechanism for the implementation of the state agricultural policy should be based on the establishment of comprehensive measures that would allow agribusinesses to achieve financial stability and provide them with necessary material and financial resources for expanded production renewal, create adequate working and living conditions in villages.

Suggested Citation

  • Nataliya Trusova, 2014. "Mechanism for Implementing State Financial Support to Agricultural Producers," Accounting and Finance, Institute of Accounting and Finance, issue 1, pages 102-108, March.
  • Handle: RePEc:iaf:journl:y:2014:i:1:p:102-108
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    File URL: http://www.afj.org.ua/pdf/152-mehanizm-realizacii-derzhavnoi-finansovoi-pidtrimki-silskogospodarskih-tovarovirobnikiv.pdf
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    File URL: http://www.afj.org.ua/en/article/152/
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    More about this item

    Keywords

    state financial support; State financial support mechanism; agricultural policy; legislative support;

    JEL classification:

    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance

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