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

27264 ­ ­ 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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Arastun. Jalilov

  Doctor of Philosophy in Economics  

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Ulviyya. Rasulova

Azerbaijan State University of Economics (UNEC)

   

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Farman. Guliyev

Scientific Research Institute of Fruit-growing and Tea-growing

   

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Faig. Huseynov

Azerbaijan State University of Economics (UNEC)

   

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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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Gabil. Kazimov

Research Institute of Crop Husbandry

   

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Vagif.

Center for Local Economic Reforms

  Ph.D., docent  

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Vugar. Mehdiyev

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

  Ph.D., docent  

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Heydar. Agayev

Ph.D. student of the Azerbaijan Cooperation University

   

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Emilya. Shukurova

диссертант Бакинского государственного университета

   

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Fariz. Suleymanov

Ph.D. student of the Azerbaijan State Agrarian University

   

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Ismayil. Kheyirkhabarov

Azerbaijan State University of Economics (UNEC)

  Ph.D., docent  

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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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Zaur. Asadov

Azerbaijan State Oil and Industrial University

  Doctor of Philosophy in Economics  

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Khayala. Guliyeva

Ph.D. student of the Agricultural Research Center