FINANCIAL SUPPORT FOR ENTERPRISES IN THE AGRICULTURAL SECTOR

The establishment of a robust agricultural sector is a fundamental component of developing a socially-oriented economy, shaping a well-regulated agricultural market, and integrating the country into the global economic arena. The article aims to elucidate the nuances of financial support in the agricultural industry, identify existing challenges, and propose solutions under current conditions. It presents key findings from research on financial support issues faced by agricultural enterprises. The challenge of securing adequate financial resources for these enterprises is driven by significant risks inherent in production processes. Agricultural businesses can leverage a variety of methods, including self-financing, government funding, and market-based financing. The article underscores the agricultural sector's role as a crucial lever in ensuring effective financial and economic operations. A comprehensive analysis of the financial dynamics supporting the operations of agricultural enterprises has been conducted, identifying key problematic aspects of their financial provisioning and outlining potential strategies for addressing these issues in the current economic environment. The study formalizes the results of analyzing general indicators of production efficiency and the level of financial support for agricultural enterprises by calculating and comparing the ratios of changes in their profit, revenue from sales, and capital changes. It has been determined that despite a consistent trend of profitability, the effectiveness of agricultural enterprises' production activities does not align with the "golden rule of ratio" and necessitates the development and implementation of mechanisms to enhance the efficiency of their financial resource utilization. The analysis also delves into the reasons behind the declining role of credit resources in investing in the agricultural sector and highlights the shortcomings of government funding in the industry. Recommendations have been developed to diversify the financial support methods for the agricultural sector and to enhance the effectiveness of its budgetary assistance. These recommendations aim to broaden the range of financial instruments available to agricultural enterprises, thereby reducing dependency on traditional funding sources and increasing resilience against economic fluctuations. Additionally, strategies to optimize budgetary allocations are proposed, ensuring that government support is more targeted and impactful, ultimately fostering sustainable growth and development within the sector.