State Financial Support in The Agricultural Sector: Mechanisms and Results

Abstract

This article analyzes the content of state financial support mechanisms in the agricultural sector, their impact on the activities of agricultural enterprises, and the effectiveness of their application. The study highlights the role of state subsidies, preferential loans, grants, tax incentives, and other financial support instruments in the development of agricultural production. It also assesses the changes observed in the volume of agricultural production, investment activity, competitiveness, and financial stability of enterprises as a result of financial support. The results of the study demonstrate the important role of state financial support in the modernization of the agricultural sector, ensuring food security, and the socio-economic development of rural areas. At the end of the article, practical recommendations are developed to improve the system of financial support in the agricultural sector.