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

28265 ­ ­ 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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Shovkat. Yusufova

Azerbaijan Cooperation University

  Ph.D., docent  

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Islam. Ibrahimov

Baku Business University

  prof, dr  

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Kamala. Sadygova

Ministry of Science and Education of the Republic of Azerbaijan, Institute of Dendrology

  researcher  

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Nazrin. Ramazanova

Master of Azerbaijan State University of Economics (UNEC)

   

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Vusala. Babayeva

Doctor of Science Program of Agricultural Economics Research Center

  Doctor of Philosophy in Economics  

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Esmira. Latifova

Director Adviser, Agricultural Economics Research Center

   

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Aytekin. Huseynova

Ph.D. student of Azerbaijan Cooperation University

   

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. Hikmat

Ph.D. in agrarian sciences, docent H.N. Nasibov

   

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Firidun. Taghiyev

Head of department of Ministry of Agriculture of Azerbaijan Republic

   

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Leyla. Hajiyeva

Ph.D. student of the Agricultural Economics Research Center

   

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Rafiz. Ismayilli

student of the Agricultural Economics Research Center

   

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Tamraz. Temrazov

Vegetable Research Institute

   

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Aygul. Salimova

PhD student of the Agricultural Economics Research Center

   

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Aytan. Shukurova

Azerbaijan Cooperation University, senior teacher, dissertator

   

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Manzar. Nasibova

Senior researcher

   

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Okiemua. Okoror

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