Assessment of factors for forming the financial potential of agricultural production of the national economy

Abstract

The article deals with the evaluation of agricultural production and the national economy's financial facilities development, with emphasis on its financial assurance key figures. The peculiarities of agricultural production financial facility development and the improvement of regional agricultural enterprises' financial assurance have been defined. The peculiarities of financial resource use in modern conditions have been analyzed. The control of the financial resources helped determine the forecast value of agricultural production financial facilities. The aim of the article is to define the factors of agricultural production financial facilities, which are taken as the basis of macroeconomic analysis, and explain the characteristics of the region's agricultural enterprise development in Ukraine’s agroclimatic zones. Agricultural production may have an efficient development due to the commensurability and equation of the real and potential volume of financial resources, which assure financial facilities and play an important role in the stability of agricultural activity. At the same time, the dynamism of the market environment almost always causes a change in agricultural production conditions. Distribution and redistribution of income and financial resources between agricultural market entities influences the volume of agricultural enterprises' financial resources and determines the conditions of their access to cheap financial loans. On the one hand, the vectorial retargeting of the financial system towards a favorable financial environment assurance contributes to the reasonableness of problem solving of agricultural production financial facilities in this manner.On the other hand, it is caused by the improvement of agricultural enterprises' business functions and financial components, which are adjusted to external environmental realities. Discharged funds from the state budget financial flow and the banking sector will allow for the formation of financial facilities and potential sources for the development of agricultural enterprises, subject to the improvement of the legal framework in the following direction and the state control scheme of agricultural production finance and credit assurance. The complexity of the category "financial facilities" shows that it should be reviewed as the ability to transform financial resources into the real factor of agricultural production development. Financial facilities can be used to estimate the rate of profitability in the critical range, save money, and possibly establish a degree of separation between the activity spheres of agricultural enterprises. Considering the importance of bank crediting and state financial support as factors in the development of regional financial facilities, it is reasonable to consider their overall influence on earning capacity, which corresponds to the critical level of agricultural production financial facilities. Commensurability: The establishment of all elements and components of financial facilities and the use of their possibilities will assure the equating of nationwide, sectoral, and private interests for economic development and the activation of long-term investment activity.