Reviews of budget expenditures on the agroindustrial complex

Issue № 6, 2024, article № 5, pages 42-48

Section: Economic mechanism of managing

Language: Russian

Original language title: ОБЗОРЫ БЮДЖЕТНЫХ РАСХОДОВ НА АПК

Keywords: REVIEWS, BUDGET EXPENDITURES, FISCAL POLICY, SUSTAINABLE DEVELOPMENT, INDICATORS, AGRO-INDUSTRIAL COMPLEX

Abstract: Systematic analysis of expenditures on agriculture, when comparing options for savings, allows to choose, taking into account three-year budget planning, with further implementation of priority financing of federal projects, such as the development of agrarian science and scientific support for the development of industries, competitive domestic AIC with its technical modernization, stimulation of investment activity and flexible regulation of agricultural export channels.AIC budget expenditure reviews are seen as a substantive and effective budget policy tool used to prioritize expenditures in favor of sustainable development. The practice of reviews in OECD countries is aimed at identifying internal reserves for optimization. The essence, objectives, functions, key differences, advantages, principles of budget expenditure reviews in the AIC, considering Russian and international applied practices, are studied. The dynamics of expenditures of federal projects and programs of the AIC and federal interbudgetary transfers in 2024-2026 is analyzed. The state, problems, needs specific to the financing of the industry, tax risks and peculiarities of tax agricultural policy, growth directions of the AIC are disclosed. The reviews help to identify low effects of budget spending. Long-term priorities of program development are outlined along the strategic trajectory of promoting innovative technologies, ensuring competitive environment, investment growth while reducing the unprofitability of agricultural producers. Stimulation of agricultural entrepreneurial output should be aimed, taking into account the implementation of comprehensive support measures and programs of financial recovery of producers, at achieving a 25% increase in value added of the domestic AIC by 2030 and 1.5 times in exports.

Authors: Ruban-Lazareva Natalia Vladimirovna