Financial support of agricultural enterprises by the results of their activities

Abstract

The article considers the issues of state financial support for agricultural enterprises with an assessment of the relationship between the results of their activities and the amount of financial resources provided. The financial support of the agricultural sector of the economy is based on uneven cash flow due to the influence of the seasonality factor, the objective need to use borrowed resources in production processes, the subsidized nature of the agricultural production itself, and others. It is proved that, based on the principles of a systematic approach, the optimization of the structure of the formation of financial resources should be considered from the point of view of interdependence and interaction with production efficiency. It is necessary to rationalize measures of state financial support for agricultural production and increase its effectiveness. It is necessary not only to increase the volume of funds allocated from the republican budget, but also to improve their use by providing financial resources to entities taking into account the results of their activities, and not depending on the size of their authorized capital. The experience of individual enterprises cited in the article testifies to the positive impact of financial and credit resources provided to agricultural producers, even in the difficult conditions of their functioning and despite problems in their financial support.