STATE FINANCING OF THE AGRO-INDUSTRIAL COMPLEX TO ENSURE FOOD SECURITY IN THE REPUBLIC OF CRIMEA
State support for the agro-industrial complex is both a priority area for economic development and a foundation for the food security of the Russian Federation and its regions. This article analyzes and evaluates the impact of financial support measures for agriculture on the formation of sustainable food security in the Republic of Crimea. The primary focus is on assessing the effectiveness of the State Program for Agricultural Development and Regulation of Agricultural Product, Raw Material, and Food Markets in the Republic of Crimea. The article compares planned and actual agricultural production indicators, the utilization of budgetary funds, and factors influencing the achievement of target indicators. The article addresses issues related to state financing, the level of fund utilization in the Republic of Crimea, and their impact on the gross regional product (GRP) generated by the agro-industrial complex and on food security. Based on the data provided for 2021–2023, the dynamics of crop and livestock production in the Republic of Crimea are evaluated. An analysis is conducted on federal and regional budget expenditures, including subsidies to support agricultural production and stimulate priority subsectors of the agro-industrial complex in the Republic of Crimea. Special attention is paid to issues of underfunding and the return of subsidies, as well as identifying factors contributing to decreased efficiency in budget fund allocation. The article reveals the main patterns, challenges, and opportunities in the use of budget funds to achieve the goals of the Food Security Doctrine of the Russian Federation.
Authors
- Aleksandr V. Smetanko (ORCID: https://orcid.org/0000-0003-0859-7270)
- E. I. Sorokina
Institutions
- V.I. Vernadsky Crimean Federal University (UA)
Publication Details
- Journal
- Scientific Bulletin finance banking investment
- Published
- 2025-08-12
- DOI
- https://doi.org/10.29039/2312-5330-2025-1-21-42
- Primary Topic
- Agricultural Development and Policies
- Type
- article
- Field-Weighted Citation Impact
- 0.00