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

28360 ­ ­ 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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Novruz. Rahimov

Ph.D. student of the Azerbaijan Cooperation University

   

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Shovkat. Yusufova

Azerbaijan Cooperation University

  Ph.D., docent  

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Sabuhi. Eldarov

Research Institute of Plant Protection and Technical Plants

   

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Orkhan. Balayev

Education Center of Tax Ministry of Azerbaijan Republic

   

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Javahir. Allahverdiyeva

Azerbaijan State Agrarian University

  senior lecturer  

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Samir. Akhmedov

Ph.D. student of the Agricultural Economics Research Center

   

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Vusala. Nagiyeva

Azerbaijan Cooperation University

  Ph.D., docent  

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Namig. Shalbuzov

Deputy Director of the Agricultural Economics Research Center

  Doctor of Philosophy in Economics  

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Ruhiyya. Gambarova

Azerbaijan State Agrarian University

  Doctor of Philosophy in Economics  

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Isak. Hasanov

Head of Shamkir Support Point

   

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Yunus. Sadigov

Azerbaijan National Academy of Sciences, Institute of Economics, Lead Researcher

  Ph.D., docent  

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Elnur. Alakbarov

Dissertant of the Agricultural Economics Research Center

   

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Gunel. Naghiyeva

Master of Azerbaijan State University of Economics (UNEC)

   

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Samir. Agayev

Ph.D. student of Azerbaijan State Economic University (UNEC)

   

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Leyla. Hajiyeva

Ph.D. student of the Agricultural Economics Research Center

   

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Fuad. Rzayev

Ph.D. student of the Azerbaijan Technical University