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

22063 ­ ­ 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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Elbrus. Akbarov

Azerbaijan State University of Economics (UNEC), senior lecturer

   

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Vugar. Mehdiyev

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

  Ph.D., docent  

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Khaliq. Ghafarli

Ph.D. student of the Agricultural Research Center

   

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Nigar. Gasimova

Agricultural Research Center, senior specialist

   

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Fuad. Rzayev

Ph.D. student of the Azerbaijan Technical University

   

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Emilya. Shukurova

диссертант Бакинского государственного университета

   

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Akram. Hasanzada

Ph.D. student of the Agricultural Research Center

   

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Faig. Huseynov

Azerbaijan State University of Economics (UNEC)

   

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Yegane. Abbasova

Azerbaijan State Agrarian University

  Doctor of Philosophy in Economics  

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Mushfiga. Mammadova

Agricultural Economics Research Center

  Ph.D., docent  

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Izzat. Talibov

Chief consultant in Ministry of Agriculture of Azerbaijan Republic

   

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Agshin. Huseynzade

Master of Azerbaijan State University of Economics (UNEC)

   

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Turaj. Musayev

Agricultural Economics Research Center, leading specialist

   

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Elchin. Khalilov

Research Institute of Plant Protection and Technical Plants

   

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Abbas. Safarov

Ph.D. student of the Agricultural Research Center

   

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Abrehet. Mehari

Lecturer in Ethiopia Civil Service University, Ethiopia, Addis Ababa; Ph.D. candidate in Azerbaijan State University of Economics