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

22071 ­ ­ EN ­ ­ 32. April 2020 ­ ­­ ­ Agricultural enterprises finance-budget agriculture financial mechanism competition

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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Turana. Mustafayeva

Ph.D. student of Western Caspian University

   

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Ramil. Aliyev

Ph.D. student of the Agricultural Research Center

   

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Nneka. Osadolor

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

   

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Zakir. Guliyev

Baku Business University

  Doctor of Philosophy in Economics  

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Rasul. Balayev

Azerbaijan State University of Economics, professor

  prof, dr  

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Sarvan. Jafarov

Ph.D. student of the Agricultural Economics Research Center

   

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Nurida. Gasimova

Ph.D. student of Azerbaijan University of Cooperation

   

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Abdulrahim. Dadashov

Ph.D. candidate of UNEC, Agricultural Economics Research Center

   

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Aytekin. Huseynli

Ph.D. student of the Baku State University

   

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Mehman. Rzayev

Azerbaijan RPA Hydrotechnics and Melioration

  doctor of agrarian sciences  

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Natig. Javadov

Azerbaijan State Agrarian University

  prof, dr  

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Hagar. Namazova

Ph.D. candidate of the Azerbaijan State Economic University (UNEC)

   

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Samir. Maharramov

Doctoral student of the Azerbaijan Tourism and Management University

   

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Boyukxanum. Abdulkarim

Baku State University

   

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Vahid. Abbasov

Head of the Department of Economics, Baku State University

  prof, dr  

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Yusif. Akhundov

Ph.D. student of the Agricultural Research Center