Proceedings of the SSEME workshop on Social Sciences and Education (SSEME-SSE 2023)

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Critical Aspects of Financial Support towards the Development of the Agricultural Sector of Ukraine

Authors
Raisa KVASNYTSKA1, *, Iryna FORKUN2, Tetyana GORDEEVA3
1Khmelnytskyi National University, 11, Instytuts’ka str, Khmelnytskyi, 29016, Ukraine
2Khmelnytskyi National University, 11, Instytuts’ka str, Khmelnytskyi, 29016, Ukraine
3Khmelnytskyi National University, 11, Instytuts’ka str, Khmelnytskyi, 29016, Ukraine
*Corresponding author. Email: rstepanivna@gmail.com
Corresponding Author
Raisa KVASNYTSKA
Available Online 22 September 2023.
DOI
10.2991/978-2-38476-116-6_12How to use a DOI?
Keywords
Agricultural Sector; Financial Support; Lending
Abstract

The paper substantiates that the reliable food supply of the population is strategically dominant for strengthening the food and, also, the national security of any country and its sustainable development. The purpose of the article is to substantiate the essence of the state financial support for the agricultural sector development, its role in ensuring sustainable growth, and to elaborate an evaluation of the state financial support effectiveness in Ukraine. The article defines that the financing of the agriculture sector is a factor that can be attributed to both ensuring the functionality of this sector and stimulating its development. Volumes of financing via programs of state financial support for agrarian sector enterprises of Ukraine in 2019-21 were analyzed and divergent trends in their financing were identified. However, considering the increasing trend of the effect of returns in financial support via corporate income tax, the state support programs for agricultural producers should be expanded and increased in funding. At the same time, it is proposed that agricultural producers more actively resort to preferential bank lending due to its incentive features.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the SSEME workshop on Social Sciences and Education (SSEME-SSE 2023)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
22 September 2023
ISBN
978-2-38476-116-6
ISSN
2352-5398
DOI
10.2991/978-2-38476-116-6_12How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Raisa KVASNYTSKA
AU  - Iryna FORKUN
AU  - Tetyana GORDEEVA
PY  - 2023
DA  - 2023/09/22
TI  - Critical Aspects of Financial Support towards the Development of the Agricultural Sector of Ukraine
BT  - Proceedings of the SSEME workshop on Social Sciences and Education (SSEME-SSE 2023)
PB  - Atlantis Press
SP  - 94
EP  - 101
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-116-6_12
DO  - 10.2991/978-2-38476-116-6_12
ID  - KVASNYTSKA2023
ER  -