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

26707 ­ ­ 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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Turan. Ahmadli

Special Constructor Technology Bureau of the National Aerocosmic Agency

   

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Vuqar. Namazov

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

   

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Teymur. Nagibeyli

Ph.D. student of the Agricultural Economics Research Center

   

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Ramina. Mustafayeva

Azerbaijan State Agrarian University

  Ph.D., docent  

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Elnur. Alakbarov

Dissertant of the Agricultural Economics Research Center

   

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Gulnara. Jafarova

Agricultural Economics Research Center, leading specialist

  Doctor of Philosophy in Economics  

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Saadat. Hajiyeva

Agricultural Economics Research Center, Deputy director

   

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Akram. Hasanzada

Ph.D. student of the Agricultural Research Center

   

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Anar. Bayramov

Ph.D. student of the Agricultural Research Center

   

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Isak. Hasanov

Head of Shamkir Support Point

   

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Savalan. Seyfaddinov

Senior researcher at the Scientific Research Institute of Agriculture Ministry of Agriculture of the Republic of Azerbaijan

  Ph.D. in Agrarian Sciences  

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Vagif.

Center for Local Economic Reforms

  Ph.D., docent  

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Ismayil. Kheyirkhabarov

Azerbaijan State University of Economics (UNEC)

  Ph.D., docent  

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Okiemua. Okoror

Department of Economics, University of Benin, Nigeria | Department of Economics, University of Reading, UK

   

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Najiba. Hajiyeva

Baku State University

  Doctor of Philosophy in Economics  

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Tamraz. Tamrazov

Vegetable Research Institute