Abstract
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.
Highlights
IntroductionIn Ukraine, the agricultural sector (agriculture, food and processing industry) has a significant impact on the economy
In Ukraine, the agricultural sector has a significant impact on the economy
The effectiveness of the strategy of the state policy of financial support to the agricultural sector is characterized by a level of financial performance and financial condition of the company, defined by a set of financial and economic indicators (Table 1)
Summary
In Ukraine, the agricultural sector (agriculture, food and processing industry) has a significant impact on the economy. It generates 17 percent of gross domestic product and about 60 percent of the population consumption fund. The agricultural sector is one of the main budget-forming sectors of the national economy, whose share in the consolidated budget of Ukraine is 8.9 percent and is the second largest economic sectors in the commodity export structure [1, 2]. Despite some positive trends in the development of agriculture of Ukraine, one of its main problems is the continuous decline in public funding. State support for agriculture should be aimed at the overall development of agricultural production based on socioeconomic indicators: salary increase, employment in rural areas and investment attractiveness of the industry on the one hand with another increase revenues to local budgets to create favorable social conditions of rural residents and improve welfare
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