PT - JOURNAL ARTICLE AU - Bečvářová, Věra TI - The Support and Guarantee Fund for Farmers and Forestry as an enhancement instrument of the agricultural subsidy effectiveness DP - 2014 Dec 20 TA - Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis PG - 7--18 VI - 53 IP - 6 AID - 10.11118/actaun200553060007 IS - 12118516 AB - The paper is focused on the performance measurement of the Support and Guarantee Fund for Farmers and Forestry (SGFFF) as a main instrument of a capital reinforcement of the Czech agricultural enterprises restructuring during the last ten years. New possibilities shaped up by the CAP exercise are evaluated as well. The principles of the SGFFF function from the point of view of agricultural restructuring and regional allocation of the financial resources as well as the reason why subsidy of the supported loans' interest rates have been employed are cleared up there. Results are discussed upon an analysis of the Fund activity. According to results of the analysis, it can be claimed that the Fund has became an important part of supports for agricultural sector. From the point of view of criterions of regional allocation of financial resources there was found out the level of supports has not been derived from the different natural and soil quality. The economic results and a high level of the prospectus have been used as main criterions for the decision-making system. The activity of SGFFF continues within the State Aid in the framework of the CAP EU and so that the loans for farmers are still more available for restructuring of the Czech agriculture and improving of its competitiveness.