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

28359 ­ ­ 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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Rena. Musayeva

Department of “Economic Regulation” of Azerbaijan State University of Economics (UNEC)

   

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Elay. Zeynalli

Azerbaijan State Agrarian University

   

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Farman. Guliyev

Scientific Research Institute of Fruit-growing and Tea-growing

   

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Akram. Hasanzada

Ph.D. student of the Agricultural Research Center

   

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. Shahla

Baku State University

   

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Shamil. Rajabov

Special Constructor Technology Bureau of the National Aerocosmic Agency

   

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Abrehet. Mehari

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

   

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Hagar. Namazova

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

   

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Heydar. Agayev

Ph.D. student of the Azerbaijan Cooperation University

   

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Yusif. Humbatov

Azerbaijan University of Technology

   

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Mekhman. Rzayev

Sumgait Chemical-Industrial Park

  doctor of agrarian sciences  

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Fariz. Suleymanov

Ph.D. student of the Azerbaijan State Agrarian University

   

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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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Samir. Maharramov

Doctoral student of Azerbaijan Tourism and Management University

   

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Fakhraddin. Aghayev

Vegetable Research Institute

   

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Narmin. Sattarova

Ph.D. student of the Odlar Yurdu University