Akademik Məlumat İdarəetmə Sistemi
37th International Scientific Conference on Economic and Social Development - Socio Economic Problems of Sustainable Development, Baku, Azerbaijan, 14 - 15 February 2019, pp.1440-1444
Purpose of the study - The study of the budget mechanism and its elements, the study of methods for the formation and expenditure of financial resources at all the levels of the budget system. Methodology - Comparison, synthesis and evaluation. Results of the study - One of the most important tasks of reforming of the budgetary system is the creation of an effective budgetary regulation mechanism at all its levels, taking into account the nature and features of intergovernmental fiscal interactions. The peculiarity of the processes of reforming of the state bodies and the system of relations in the financial and budgetary sphere predetermines the need for rational distribution of revenue powers between the levels of the budget system, filling the revenue sources of the budgets, whose main share is tax revenues, and attracting non-tax revenues to the budgets.