Legal aspects of state credit support for agriculture

In the modern conditions of military operations on the territory of Ukraine, the aggravation of problems of an economic, social and political nature, the issue of building an effective system of state credit support measures for agriculture is extremely relevant. It has been established that traditional measures to support Ukrainian agriculture in the credit sphere, namely: credit subsidy, provision of returnable financial assistance to farms, are insufficient to stabilize the situation in the financial and credit sphere. The regulatory and legal changes implemented during the war period, which are characterized by the introduction of some new agricultural protection mechanisms (budget subsidies, special budget subsidies), are analyzed. It was noted that an important step aimed at simplifying the access of micro, small, and medium-sized enterprises to bank lending by reducing the cost of loans was the optimization of lending within the framework of the state program "Affordable loans 5-7-9%”. Modern problems, trends and prospects of land and mortgage crediting of agriculture are established. It was noted that the positive trends aimed at the effective functioning of mortgage lending to agricultural producers are: unblocking of land mortgage lending to agriculture through legislative regulation of the circulation of agricultural land, as well as improving the situation in relation to the provision of state guarantees for the fulfillment of agricultural credit obligations. Within the framework of prospective legislation, the mechanism for transferring the right to lease agricultural land as security for agricultural receipts is being worked out. A conclusion was made about the need to form an effective institutional and legal system of crediting agriculture.