Budgetary Agricultural Funding Programs in Ukraine

Abstract

The article considers and generalises the fiscal aspects of actual financing of agriculture through the state budget programs of Ukraine. The estimation of actual financing of agriculture through the state budget programs of Ukraine in 2012-2017 has been assessed and the following trends are identified: 1) reduction of expenditures on agriculture in 2007-2016; 2) budget programs mainly medium and long-term, 3) average annual expenditures under one budget program was less than 1 billion USD, 4) the heterogeneity of the total budget programs by their share in the total amount of expenditures on agriculture, 5) the vast majority of budget funds is directed to management and management of agriculture, and 6) the absence of linear functional dependence between budget expenditures on agriculture and industry development. The reasons for reforming the budget support for agriculture were substantiated. Optimization of budget programs was proposed based on compliance with the requirements of system, efficiency and effectiveness, publicity and transparency, determination of the share of financial support of agriculture in GDP and allocation of these expenditures to protected items of budget expenditures.