Halaiko A. Financial policy of development of agro-industrial complex of Ukraine

In dissertation on the basis of analysis of legislation, statistical information and the works of domestic and foreign economists it is deepened theoretical and methodological bases of financial policy of development of agro-industrial complex of Ukraine and it is elaborated practical recommendations concerning increasing of the efficiency of it forming and realization in modern economic conditions. It is formulated author's interpretation of such concepts: 1) financial policy of development of agro-industrial complex – activity that implements by Government of Ukraine in agriculture, water management and hunting, industries which produce of the means of producing and serve agro-industrial sector of economy, industries with preservation, reworking and realization of agricultural products and foresees measures of distribution and redistribution of character with purpose of providing sustainable development of agro-industrial producing; 2) agro-industrial complex –the aggregate of the branches of economy, which combined in economic subsystem, which had been providing material and technical provision and service of the producing of agricultural products, direct its producing process and also its reworking and movement to final consumer; 3) development of agro-industrial complex – the aggregate of qualitative changes, which form its new state, which contributes to economic growth that manifests in increasing producing of agro-industrial products, payment of tax payments to State Budget of Ukraine and contributions to other centralized funds of monetary resources of state; 4) state support of agro-industrial sector of economy – the aggregate of direct and indirect state measures concerning material and financial providing activity of agro-industrial economic entities with purpose maintain sustainable development their producing; 5) budget financing of agro-industrial sphere of economy – the aggregate of budget programs concerning financial providing its economic structures with purpose compensation part their expenses on output of products and support their financial stability; 6) tax regulation of development agro-industrial branches of economy – the aggregate state measures concerning adjust of system taxation with purpose providing sustainable development of agro-industrial enterprises. Thanks to conducted calculations per correlation and regression analysis, it is clarified that financial support agro-industrial complex does not affect on financial indicators of activity it economic entities and therefore it is inefficient. The amount of funds, which does not pay to State Budget of Ukraine because of application mechanism managing value added tax significantly affects on the amount of producing and realization products, financial results before taxation and on net profit and with small measure makes influence on payment to budget income tax and value added tax. It is established that agricultural enterprises and farms have need state support for breeding poultry, goats, sheep, cattle for meat and for producing wool. It is presented directions of the improvement of the mechanism financial policy of development of agro-industrial complex, which in basically consist in application preferential rate of value added tax in the size of 15 % at condition of attraction by economic entities in their activity capital investment with amount no less 5 million UAN. It is improved of the management of financial resources state agricultural enterprises, which take into account their financial and economic results of activity. It is elaborated two variants of strategy financial policy of development of agro-industrial complex. First variant consists in increasing financial and tax support agro-industrial economic entities per condition of increasing by them of expenses on producing of products within available their fixed assets and per second of the variant of strategy state conducts budget and tax support agro-industrial enterprises per condition of attracting by them in their activity certain of amount of capital investment.