EVALUATING THE EFFICIENCY OF BUDGETARY FUNDS IN MURMANSK REGION'S AGRICULTURE
The article gives a methodical substantiation of efficiency of using budgetary funds. The approbation of the method for evaluating efficiency of using budgetary funds in agriculture of the Murmansk region has been carried out. As a result, it has been revealed that the economic impact of the state support to agriculture in the Murmansk region is insignificant. The regional budgetary funds for the state support of agricultural producers do not have a direct impact on the agricultural production in the Murmansk region. The current system of state support is not fully focused on creating conditions for strengthening financial stability and solvency of agricultural enterprises, taking into account the different conditions for their business operations, and production costs. The authors propose to develop the mechanism of the state support to agriculture in the region, assess the priorities of each company, identify the growth points, and develop areas of production, in which investments will be economically justified.