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Home 32. April 2020 Directions for improving the financial and budgetary mechanism in the formation of large agricultural enterprises

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

Tahmasib Huseynov Faiq, Doctor of Philosophy in Economics
tahmasib.huseynov@unec.edu.az

36680 ­ ­ EN ­ ­ 32. April 2020 ­ ­­ ­ Agricultural enterprises finance-budget agriculture financial mechanism competition

 

UOT: 33.334.7:336.5

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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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Parviz. Aliyev

Chief of department, Agricultural Research Center
Ph.D. student of the Agricultural Research Center

   

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Isak. Hasanov

Head of Shamkir Support Point

   

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Murad. Hajiyev

Ph.D. student of the Agricultural Research Center

   

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Narmin. Sattarova

Ph.D. student of the Odlar Yurdu University

   

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Samir. Akhmedov

Ph.D. student of the Agricultural Economics Research Center

   

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Bagish. Ahmadov

Deputy Director of the Agricultural Economics Research Center

  Doctor of Philosophy in Economics  

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Khaliq. Ghafarli

Ph.D. student of the Agricultural Research Center

   

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Hagar. Namazova

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

   

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Ulker. Mammadova

Ph.D. student of the Azerbaijan Cooperation University

   

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Teymur. Nagibeyli

Ph.D. student of the Agricultural Economics Research Center

   

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Aligulu. Mehdiyev

Ph.D. student of Baku Engineering University

   

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Elnara. Kazimova

Azerbaijan State Agrarian University

  senior lecturer  

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Irada. Huseynova

Vice-president of Azerbaijan National Academy of Sciences Director of the Institute of Molecular Biology and Biotechnology, ANAS

  academician  

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Фамиль. Рустамов

Institute of Economics of the Ministry of Science and Education, "Economic problems of the agricultural sector" department

  Ph.D., docent  

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Gulnara. Jafarova

Agricultural Economics Research Center, leading specialist

  Doctor of Philosophy in Economics  

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Rashad. Huseynov

Agricultural Research Center, director

  Doctor of Philosophy in Economics