PROJECT FINANCE AS A FORM OF FINANCIAL MANAGEMENT IN RUSSIAN AGRICULTURE
Journal Title: MEST Journal - Year 2019, Vol 0, Issue 1
Abstract
Now there is a need for use of new instruments of financing of agro-industrial production as the existing mechanisms of crediting and subsidizing of interest rates are represented insufficiently effective. The agriculture is characterized by the low profitability which isn't allowing producers to use effectively borrowed funds as their cost during the last time grows the advancing rates. As a result of the use of the bank credits the financial condition of the agricultural enterprises worsens, the need of development of new financial instruments for simplification of access for producers of agricultural production to financing is a consequence of that. In this regard, we offer use of mechanisms of project financing. Also, we recommend improving the technique of an assessment of projects with the purpose of implementation of the most effective financial support of agro-industrial production. Implementation of the specified offers will allow improving mechanisms of support of producers of agrarian production.
Authors and Affiliations
Maxim Ivanov
Keywords
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- EP ID EP510409
- DOI 10.12709/mest.07.07.01.03
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