THE CURRENT STATE OF THE AZERBAIJAN REPUBLIC BUDGET POLICY AND THE PROSPECT OF ITS IMPROVEMENT


Gushkhani R.

37th International Scientific Conference on Economic and Social Development - Socio Economic Problems of Sustainable Development, Baku, Azerbaijan, 14 - 15 February 2019, pp.348-358, (Full Text) identifier

  • Publication Type: Conference Paper / Full Text
  • City: Baku
  • Country: Azerbaijan
  • Page Numbers: pp.348-358
  • Azerbaijan State University of Economics (UNEC) Affiliated: Yes

Abstract

The state budget policy is determined by the Constitution of the Republic of Azerbaijan, the Law of the Republic of Azerbaijan on the budget system, as well as other legislative acts defining the functions and responsibilities of various authorities in the budget process. The basis of the budget policy is the strategic directions of economy and social policy of the state; it is they who determine the size and proportions of financial resources centralized by the state, the prospects for using budgetary funds in the interests of solving major savings, and social tasks. In the market conditions of fiscal policy-the main lever for determining the main directions of economy, the impact of the state on social production.