Financial resources of agricultural organizations are an important part of agri-food policy

Issue № 7, 2019, article № 10, pages 81-88

Language: Russian

Original language title: ФИНАНСОВЫЕ РЕСУРСЫ СЕЛЬСКОХОЗЯЙСТВЕННЫХ ОРГАНИЗАЦИЙ – ВАЖНАЯ ЧАСТЬ АГРОПРОДОВОЛЬСТВЕННОЙ ПОЛИТИКИ

Keywords: CREDIT RESOURCES, COST OF CREDIT RESOURCES, AVAILABILITY OF LOANS, PROFIT, PROFITABILITY, GOVERNMENT SUPPORT, STRUCTURE OF INVESTMENTS IN FIXED ASSETS

Abstract: Financial resources have always occupied an important place in the economic mechanism of enterprises, while being a source of coverage, both current costs and purchased fixed assets. At the same time, for more dynamic development of agriculture, financial resources are not enough. There are several reasons for that. On the one hand, the growth of own sources is limited by the disparity of prices for the products sold, on the other hand, the availability and low cost of credit resources have not been ensured to date. State support, as a attracted source of financing, occupies a small share in the structure of sources of financing of agricultural organizations. The current system of withdrawal of part of the profits due to the disparity of prices for products sold and purchased means of production significantly limit the reproductive potential of agricultural organizations. The current system of lending, despite the positive changes, also do not contribute to the development of the reproductive function of agricultural organizations, not to mention the creation of new industries. In the developed countries of the world, credit issues contribute to both the availability of credit resources and the cheapening of the cost of finished products. It is obvious that in this regard, it is necessary to fully compensate the cost of credit resources by the state, increase their volume and availability.

Authors: Kolesnikov Andrei Viktorovich, Khashir Aslan Azmetovich, Gumerov Vadim Rishatovich, Romanenko Rodion Gennadevich