Financing mechanism for modernization of the technological base of agriculture: problems and directions of development

Natalya Brovkina; Elena Ternovskaya

doi:10.55186/25876740_2026_69_1_73

VAK Russia 5.2.4 UDC 336.71 UDC 339.7 UDC 330.1

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FINANCING MECHANISM FOR MODERNIZATION OF THE TECHNOLOGICAL BASE OF AGRICULTURE: PROBLEMS AND DIRECTIONS OF DEVELOPMENT Financing mechanism for modernization of the technological base of agriculture: problems and directions of development

АА Аа

Published in INTERNATIONAL AGRICULTURAL JOURNAL · Issue 1 · Pages 73–78 · Rubric: Agrarian reform and forms of managing

DOI: https://doi.org/10.55186/25876740_2026_69_1_73

Received: 20.12.2025 Accepted: 21.01.2026 Published: 15.02.2026

Authors

Natalya Brovkina

ORCID Scopus ResearcherID SPIN

Elena Ternovskaya

ORCID SPIN

Natalya Brovkina

Academic degree: doctor of economic sciences

Science rang: professor

Financial University under the Government of the Russian Federation professor of the department · department of banking and monetary regulation · Russian Federation · Moscow

ORCID Scopus ResearcherID SPIN

Elena Ternovskaya

Academic degree: candidate of economic sciences

Science rang: docent

Financial University under the Government of the Russian Federation professor of the department · department of banking and monetary regulation · Russian Federation · Moscow

ORCID SPIN

ABSTRACT

This article examines the challenges associated with finding of sources for technological modernization in the national agro-industrial complex. A contradictory situation has developed in the country's agriculture sector. On the one hand, despite the urgent need, farmers are forced to forego updating their agricultural machinery fleet. On the other hand, agricultural machinery manufacturers are unable to sell their products and are reducing production. This situation is being driven by the rising cost of agricultural machinery, rising recycling fees, and a lack of sufficient funding. As a result of this contradiction, there is a slowdown in the renewal of agricultural production facilities with high depreciation of fixed assets, necessitating the implementation of additional support measures for agricultural market participants. The authors also propose the use of digital financial assets with organizational support from regional credit institutions and executive authorities.

KEYWORDS

agriculture, material and technical base of agricultural production, sources of financing for the production of agricultural machinery, digital financial assets

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Aleksandr Fomin

Deputy Editor-in-Chief

Irina Mamontova

Managing Editor

Tat'yana V. Kazennova

Issue Editor

Gilyana Yakushkina

Literary Editor

Marina G. Fomina

Editorial

Redakcii Sotrudnik

info@mshj.ru

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GOST

Brovkina N. E., Ternovskaya E. P. Financing mechanism for modernization of the technological base of agriculture: problems and directions of development // INTERNATIONAL AGRICULTURAL JOURNAL. 2026. no. 1. pp. 73-78. DOI: https://doi.org/10.55186/25876740_2026_69_1_73. (Date of access 30.10.2026).

MLA

Natalya Brovkina, Ternovskaya E. P.. "Financing mechanism for modernization of the technological base of agriculture: problems and directions of development." INTERNATIONAL AGRICULTURAL JOURNAL.1 (2026): 73-78. DOI: https://doi.org/10.55186/25876740_2026_69_1_73.

APA

Brovkina N. E., Ternovskaya E. P. (2026). Financing mechanism for modernization of the technological base of agriculture: problems and directions of development. INTERNATIONAL AGRICULTURAL JOURNAL(1), 73-78. https://doi.org/10.55186/25876740_2026_69_1_73

Chicago

Natalya Brovkina, Ternovskaya E. P.. "Financing mechanism for modernization of the technological base of agriculture: problems and directions of development." INTERNATIONAL AGRICULTURAL JOURNAL, no. 1 (2026): 73-78. https://doi.org/10.55186/25876740_2026_69_1_73.

WIKI

{{cite journal | author = Brovkina N. E., Ternovskaya E. P. | title = Financing mechanism for modernization of the technological base of agriculture: problems and directions of development | journal = INTERNATIONAL AGRICULTURAL JOURNAL | year = 2026 | issue = 1 | pages = 73-78 | doi = 10.55186/25876740_2026_69_1_73 }}

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FINANCING MECHANISM FOR MODERNIZATION OF THE TECHNOLOGICAL BASE OF AGRICULTURE: PROBLEMS AND DIRECTIONS OF DEVELOPMENT Financing mechanism for modernization of the technological base of agriculture: problems and directions of development

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