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Directions for improving the financial and budgetary mechanism in the formation of large agricultural enterprises

29977 ­ ­ EN ­ ­ 32. April 2020 ­ ­­ ­ Agricultural enterprises finance-budget agriculture financial mechanism competition

 

UOT: 33.334.7:336.5

In contemporary conditions continuous changes in the economic conjuncture is a characteristic feature of the economic system. The article analyzes connection of the financial and budgeting mechanism in the formation of large agricultural enterprises directly from the economic potential of the state. In world practice, it is characteristic the wider use of financial and budgetary mechanisms to support the formation of large farms. The economic mechanism as a whole promotes the formation of an efficient economy in agriculture and an increase in the profitability of agricultural producers. Development of the financial and budgetary mechanism for the formation of large agricultural enterprises primarily serves to increasing the profitability of agricultural production, and in the article is analyzed the formation of large agricultural corporations with the accent on the selection of priority areas and financing measures, improving financial-budgetary mechanisms in this framework. The measures aimed at improving and stimulating the financial and budgetary mechanisms of agricultural enterprises were classified with appropriate proposals.

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AUTHORS

 

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Nazrin. Ramazanova

Master of Azerbaijan State University of Economics (UNEC)

   

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Nneka. Osadolor

Department of Economics, University of Benin, Nigeria Department of Economics, University of Ibadan, Nigeria

   

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Fakhraddin. Aghayev

Vegetable Research Institute

   

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Maharram. Huseynov

Azerbaijan State Agricultural University

  prof, dr  

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Isak. Hasanov

Head of Shamkir Support Point

   

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Vugar. Mehdiyev

h.D., Associate Professor, V.M. Mehdiyev Azerbaijan University of Cooperation

  Ph.D., docent  

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Shovkat. Yusufova

Azerbaijan Cooperation University

  Ph.D., docent  

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Novruz. Rahimov

Ph.D. student of the Azerbaijan Cooperation University

   

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Ruhiyya. Gambarova

Azerbaijan State Agrarian University

  Doctor of Philosophy in Economics  

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Vusala. Babayeva

Doctor of Science Program of Agricultural Economics Research Center

  Doctor of Philosophy in Economics  

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Mushfiq. Tukanov

Ph.D. student of the Agricultural Research Center

   

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Yegane. Abbasova

Azerbaijan State Agrarian University

  Doctor of Philosophy in Economics  

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Arzu. Huseyn

Azerbaijan Tourism and Management University

  Ph.D., docent  

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Javahir. Allahverdiyeva

Azerbaijan State Agrarian University

  senior lecturer  

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Orkhan. Balayev

Education Center of Tax Ministry of Azerbaijan Republic

   

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Gamar. Ibrahimova

Special Constructor Technology Bureau of the National Aerocosmic Agency