Agricultural Budget as a Source of Financing Rural Development in the Republic of Serbia

Radović, Gordana (2024) Agricultural Budget as a Source of Financing Rural Development in the Republic of Serbia. Ekonomika, 70 (2). pp. 59-70. ISSN 0350-137X

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Abstract

Incentives to support rural development are an important segment of the agricultural budget considering that, among others, they include incentives for investments aimed at developing and achieving competitiveness of sustainable agricultural production, as well as the development of non-agricultural activities, which can be a significant incentive for rural development. The aim of the paper is to present the participation of planned incentives for rural development measures in the agricultural budget of the Republic of Serbia in the last decade, as well as to show the qualitative changes in the agricultural policy, regarding the structure of these incentives, in the analyzed period (2017-2023). The research is realized out on the basis of planning documents – regulations on the distribution of incentives in agriculture and rural development, which are analyzed for each year in the period 2013-2023. The author concludes that incentives for rural development measures did not have quantitative and qualitative stability and sufficiency in the analyzed period, which is necessary in order to achieve the full effects of these incentives.

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