Assessment of state supports and subsidies efficiency in ensuring financial security of Ukrainian agricultural enterprises

The study aimed to assess the impact of state subsidies and loans on the financial stability and competitiveness of Ukrainian agricultural enterprises in the face of economic challenges. Comparative analysis, content analysis of reports and data on state support for the agricultural sector for 2025, and theoretical research methods were used to identify possible areas for improving existing financial instruments. An analysis of the budgetary allocations for state subsidies shows that UAH 4.726 billion is earmarked for the support of farmers in 2025, which will help reduce production costs and increase the competitiveness of agricultural enterprises. An assessment of tax privileges, particularly the special VAT regime, has shown its importance for reducing costs and maintaining the competitiveness of farmers. The study also included an analysis of concessional loans, in particular the Affordable Loans 5-7-9% programme, which is an important tool for supporting agricultural enterprises in Ukraine. In 2024, according to PrivatBank, more than 3,000 loans worth UAH 10.6 billion were granted to agricultural enterprises. The mechanisms of state support in Ukraine and Canada were compared. The Canadian experience demonstrates that certain mechanisms can be adapted, such as subsidies for machinery and support for small farms. The results showed that government subsidies, loans and tax privileges significantly impact the financial stability of agricultural enterprises in Ukraine, providing access to finance, reducing costs and increasing market competitiveness