FINANCIAL INSTRUMENTS FOR STIMULATING DEVELOPMENT OF THE AGRARIAN SECTOR OF THE ECONOMY OF UKRAINE IN THE CONDITIONS OF EUROPEAN INTEGRATIONS

The article deals with the search for effective tools that can stimulate the development of the agricultural sector of the Ukrainian economy in the context of European integration. The formation and development of the agrarian sector of the Ukrainian economy after the collapse of the USSR was investigated and the reasons for the raw material specialization of exports from domestic agricultural producers were identified. It was noted that now the agricultural sector of Ukraine is slowly developing, due to the fact that agricultural producers focus on the production of raw materials, since they do not have sufficient incentives to develop their activities, moreover, the creation of added value requires significant investment. Also, the study notes the disadvantages of raw materials specialization, which negatively affect the development of the Ukrainian economy, these are: small reserves of natural resources; lost economic benefit; unloaded technological capacities. As you know, for the development of enterprises, financial instruments are used, which are structural elements of the financial mechanism, and the expected result depends on the effective use of financial instruments. Therefore, to stimulate the development of the agrarian sector of the Ukrainian economy, financial instruments were proposed, such as: a development bank, industrial parks (technopolises), an export credit agency, an agency for the development and support of small businesses. In addition, the following financial instruments were indicated, which are also capable of accelerating the development of the agricultural sector: free connection to utility networks of new farms and the creation of new jobs; a guarantee of investment protection for investors who have decided to implement their projects in Ukraine; full or partial compensation of tariffs for agricultural producers; revise customs tariffs and reduce the import duty on the import of raw materials and components.