FINANCING STATE SUPPORT OF REAL SECTOR BRANCHES OF BELARUS ECONOMY

The article considers budget mechanism of state support of national economy branches, analyzes composition, structure and dynamics of budget expenses for the economy branches, assesses the effectiveness of the state expenses for the state support of economy branches and proposes measures to increase their effectiveness. Object of research: mechanism of financing state support of Belarus national economy branches. Aim of research: to prepare proposals concerning the improvement of mechanism of financing state support of the national economy branches. Tasks of research: to analyze expenses of the state for the support of real sector of economy, sources of their financing, diagnose financial mechanism of state support of branches and determine the problems of its functioning. Methods of research include economic analysis and synthesis, comparison and generalization. Methodology of research: the main provision of economic theory about state finance; works of Russian and Belorussian scientists and practitioners about financing state support of national economy branches. Results of research: analysis of budget expenses for the national economy branches was performed; assessment of effectiveness of financial mechanism of state support of branches was provided and measures to increase its effectiveness were proposed. The research showed that in the conditions of development of market economy in the Republic of Belarus, the government considers state support of national economy branches to be one of priority tasks of financial policy, the execution of which is realized by means of budget mechanism.