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

22106 ­ ­ 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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Bahruz. Nuriyev

Chief consultant in Ministry of Agriculture of Azerbaijan Republic

   

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Samir. Maharramov

Doctoral student of Azerbaijan Tourism and Management University

   

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Vagif.

Center for Local Economic Reforms

  Ph.D., docent  

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Gabil. Kazimov

Research Institute of Crop Husbandry

   

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Yusif. Humbatov

Azerbaijan University of Technology

   

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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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Elnur. Alakbarov

Dissertant of the Agricultural Economics Research Center

   

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Elchin. Salahov

Azerbaijan State Agricultural University

  Doctor of Philosophy in Economics  

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Isak. Hasanov

Head of Shamkir Support Point

   

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Sevil. Maharramova

PhD student of the Scientific Research Institute of Agromechanics

   

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Umkhanim. Agakishiyeva

Teacher of Azerbaijan University of Architecture and Construction

   

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Zakir. Guliyev

Baku Business University

  Doctor of Philosophy in Economics  

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Ramil. Asgarov

Doctoral student of Azerbaijan State Agrarian University

   

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Najiba. Hajiyeva

Baku State University

  Doctor of Philosophy in Economics  

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Ramil. Huseyn

Center for Economic Reforms and Communication

  Doctor of Economics