ФІНАНСОВІ ІНСТРУМЕНТИ ПІДТРИМКИ ДІЯЛЬНОСТІ ПІДПРИЄМСТВ В УМОВАХ ВІЙНИ В УКРАЇНІ

Abstract

The Russian invasion is taking a severe economic and humanitarian toll, reflected in fiscal financing pressures, disruptions to trade, the displacement of millions, and heavy infrastructure damage with potentially long-lasting macroeconomic and social repercussions. A 45 percent GDP contraction is anticipated in 2022 and a weak recovery thereafter. Depending on the war’s duration, the share of the population living below the actual Subsistence Minimum may reach 70 percent in 2022. The article examines the peculiarities of the formation and functioning of financial instruments to support business in the conditions of the war in Ukraine. The purpose of the study is to substantiate the optimal directions for improving the quality of financial instruments supporting entrepreneurship at the state level in accordance with the transformational changes that are taking place in Ukrainian society at the current stage of its functioning. To achieve this goal, the methods of analysis and synthesis were used in the work, which were used in the study of the current state of use of financial levers to stimulate the industry. The article substantiates directions for improving the financial regulation of the development of entrepreneurship at the state level, taking into account their needs under martial law. It is established that the financial stability of industrial enterprises is an equilibrium state, in which the industrial complex is able to form financial resources in sufficient quantities and ensure socio-economic development, to respond quickly to changes in market conditions. The main reasons that restrain the development of entrepreneurship in Ukraine in the conditions of war and the possibilities of overcoming them in the conditions of post-war reconstruction are analyzed. Direct and indirect directions of state regulation, based on which entrepreneurs will be able to attract financial resources for their development are characterized. The scope of the research results is the system of industrial management at the level of the state and regions, which can contribute to the economic development and functioning of the state at the modern level.