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

22019 ­ ­ 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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Israfil. Ismayilov

Member of the Russian Academy of Natural Sciences

  Prof. Dr.  

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Ramil. Aliyev

Ph.D. student of the Agricultural Research Center

   

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Vusala. Nagiyeva

Azerbaijan Cooperation University

  Ph.D., docent  

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Anar. Abbasov

Azerbaijan University of Cooperation

  prof, dr  

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Zaur. Asadov

Azerbaijan State Oil and Industrial University

  Doctor of Philosophy in Economics  

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Farman. Karimov

Research Institute of Plant Protection and Technical Plants

   

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Fuad. Rzayev

Ph.D. student of the Azerbaijan Technical University

   

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Akif. Aghbabali

Baku State University

   

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Fakhraddin. Aghayev

Vegetable Research Institute

   

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Alizamin. Guliyev

Azerbaijan Technical University, Ph.D.

   

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Ibrahim. Jafarov

Azerbaijan State Agricultural University

  Corresponding member of ANAS, prof  

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Said. Mustafayev

Ph.D. student of the Agricultural Research Center

   

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Chilenay. Abishova

Ph.D. student of the Agricultural Economics Research Center

   

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Nneka. Osadolor

Department of Economics, University of Benin, Nigeria Department of Economics, University of Ibadan, Nigeria

   

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Sadi. Ismayilov

Assistant director of Beylagan RASIC

  Doctor of Philosophy in Economics  

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Sabuhi. Eldarov

Research Institute of Plant Protection and Technical Plants