State support of agriculture: experience of the European Union countries and possibilities of its adaptation for the Republic of Belarus

Abstract

Sufficiency of financing in agriculture is determined by the level and measures of state support, which should be understood as direct and indirect benefits provided by the state to entities engaged in agricultural activities and (or) providing, facilitating and supporting these activities. Comparing the results of studying the experience of providing state support in agriculture of the European Union with the national principles of agrarian policy, the following directions of improving the mechanism of state support in the Republic of Belarus are proposed: 1) use of the minimum level of expenditures of the consolidated budget of the country for sustainable financing of agriculture; 2) establishment of separate financing for young producers of agricultural products; 3) use of an economically justified differentiated mechanism of the state per hectare of agricultural land; 4) limit the maximum amounts of payments for subsidies, establishment of allowances and other direct payments for agricultural producers; 5) use of a mechanism and determination of the budget for additional financing of peasant (farm) households and other small and medium-sized businesses engaged in agricultural production.