S STUDY OF AGRICULTURAL PRODUCTION AND THE VOLUME OF ITS FINANCING

Authors

  • Zhussupova A.K University of International Business (UIB)
  • Utibayeva G.B. S. Seifullin Kazakh Agrotechnical University
  • Zhunusova R.M. S. Seifullin Kazakh Agrotechnical University
  • Akhmetova D.T. S. Seifullin Kazakh Agrotechnical University

DOI:

https://doi.org/10.51452/kazatu.2021.4(111).821

Keywords:

agricultural products, government support, financing, lending, financial resources, regions, agricultural sector.

Abstract

The effectiveness of the use of financial and credit resources is largely determined by the methods of their distribution in directions and methods of bringing them to the final recipient. The current level of development of financial and credit relations in agriculture indicates the relevance of the formation and development of an adequate system of state regulation and financial support for the agricultural sector of the economy.The system of state regulation and support of the agricultural sector of the economy is represented by a number of relevant mechanisms. This system is implemented in practice by mechanisms of price, tax, credit and financial regulation, mechanisms for regulating social development, direct budgetary support within the framework of special targeted programs.In the course of the research, the task was set to identify the relationship between the amount of financial resources received by agricultural producers in the form of government support and the amount of agricultural products they produce. To resolve this issue, we analyzed the volumes of gross agricultural production and the volume of financing of agricultural producers in the country as a whole and in the context of regions for the period from 2016 to 2020.The analysis showed that there are certain shortcomings in determining the amount of financing. So, for example, in a number of regions with the same volumes of gross agricultural output, the volumes of financing differ sharply with the same structure of resources used. And vise versa, in other regions, which are provided with an approximately equal amount of funding, the level of gross agricultural output differs sharply. From the point of view of ensuring a more rational and efficient distribution of state financial resources, first of all, they should be provided to those agricultural producers who achieve a stable annual growth of production indicators in crop and livestock raising.

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Published

2021-11-29