Annotation

The article considers the essence of the basic categories of financial policy and financial mechanism. The factors influencing the effectiveness of financial policy in the agricultural sector are identified. The influence of the financial mechanism on the profitability of agricultural enterprises is substantiated. Theoretical and methodological bases of formation of the financial mechanism of maintenance of profitability of the agricultural enterprises that will promote increase of efficiency of financial management are revealed. The redistribution of financial resources at the regional level with the help of a financial mechanism for regulating the economic development of agricultural enterprises is proposed. The financial and credit mechanism is one of the main tools, used by the regional governments to regulate the reproduction process in the agricultural sector. The systematic approach is used to reveal the internal unity and relationship of different approaches to the problem of determining the essence of the financial mechanism. The main elements of the financial mechanism carrying out administrative action, allocate a system of financial levers; financial management system; system of financial methods; a set of financial forms, methods and levers. The issues of optimal distribution of public finances and their effective targeted use are considered, in particular for implementation of the targeted regional programs in the agricultural sector of the economy. It is proposed to develop a regional financial policy in the agricultural sector to start forecasting effective demand and its rational distribution, studying regional financial and credit markets, assessing the financial capabilities of the region, stimulating the development of the territory's financial potential to solve major economic development problems. The financial and credit mechanism of the agricultural sector is presented in the form of organization of relations in the field of finance, credit, as well as forms, methods and conditions of financing and lending.