Akademik Məlumat İdarəetmə Sistemi
Book, vol.5, no.2, pp.81-85, 2021 (Conference Book)
Each state independently determines for itself the main directions of the budgetary and tax mechanism. It is necessary that the fiscal mechanism is well adapted to new social relations and consistent with world experience. At present, it acts as the main instrument of the state's influence on the development of the economy, determining priorities and economic and social development. The state of the domestic economy depends on the fiscal policy pursued. The state will have to fulfill the main tasks With the help of fiscal policy: create predictable fiscal conditions, balance the state and regional budgets, and reduce the shadow sector of the economy. The present main directions of budgetary and tax policy are aimed at the implementation of the budgetary and tax strategy for the medium term, the unconditional fulfillment of both previously adopted and accepted expenditure obligations, and increasing the efficiency of budget expenditures. In this regard, budget and tax regulation is an integral part of the state's interests. In order to implement the principle of a balanced budget, so to minimize the budget deficit, the process of drafting, approving and implementing the budget must proceed in accordance with the rules: budget regulation follows tax regulation. This sequence is unchanged. In the coming period, implement measures in the region aimed at preserving and developing tax potential, ensuring fiscal sustainability in the medium and long term is necessary.