Abstract:
Article includs a study of the state of settlements for trade debt in the Republic of Belarus, including agricultural enterprises. In the structure of the debt, overdue debt and its annual growth were revealed. This indicates the need to proactively monitor the likelihood of toxic debt. Counterparty monitoring helps minimize this risk. A mechanism has been developed, that includes collecting information about the counterparty and creating a credit dossier. The proposed mechanism will allow to control the unjustified growth of receivables of agricultural organizations in The Republic of Belarus, to prevent excessive diversion of funds from their circulation. JEL: C61, H12, L22, Q14; CZU: 657.444:338.43(476).
Description:
Article includs a study of the state of settlements for trade debt in the Republic of Belarus, including agricultural enterprises. In the structure of the debt, overdue debt and its annual growth were revealed. This indicates the need to proactively monitor the likelihood of toxic debt. Counterparty monitoring helps minimize this risk. A mechanism has been developed, that includes collecting information about the counterparty and creating a credit dossier. The proposed mechanism will allow to control the unjustified growth of receivables of agricultural organizations in The Republic of Belarus, to prevent excessive diversion of funds from their circulation. JEL: C61, H12, L22, Q14; CZU: 657.444:338.43(476).
