Trakia Journal of Sciences (Oct 2019)

ANALYSIS OF THE IMPACT OF KEY INDICATORS ON THE FINANCIAL POSITION OF PRODUCERS OF THE AGRICULTURAL SECTOR

  • Y. Andreev

DOI
https://doi.org/10.15547/tjs.2019.s.01.63
Journal volume & issue
Vol. 17, no. Suppl. 1
pp. 382 – 385

Abstract

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The agrarian sector is of strategic importance to the national economy because it ensures the country's food security and the presence of a significant number of unprofitable agricultural producers has imposed their financial recovery in order to ensure the development of the agrarian sector in the country. In order to improve the economic situation and reduce the number of failed agricultural producers in Bulgaria, government measures have been taken to improve the producers. Legislative acts, state targeted programs and priority national agricultural development projects have been adopted in recent years, all of which are under the European Common Agricultural Policy. As a result, there is a scientific and practical need to study the forms and methods of financial rehabilitation of agricultural organizations that confirm the importance of the article. The subject of a survey of the publication is the state of the finances of the agricultural sector producers and the methods for its improvement. The mai objectives of the financial recovery are to prevent liquidation, debt restructuring, restore solvency, ensure long-term financial sustainability of agrarian producers. The objectives of the course are a study of the state of the financing of agriculture and the ways of its improvement.

Keywords