The event held at the Azerbaijan State Agrarian University (ASAU) within the framework of cooperation with the Institute of Economics of the Ministry of Science and Education. At the event, participated professors and teacher staff of ASAU, general director of the Institute of Economics, professor Nazim Muzaffarli, executive director, prof. Mushfiq Atakishiyev, deputy director for projects, Assoc.prof. Allahyar Muradov, general manager Shakir Aliyev, department heads - Assoc. prof. Parviz Hasanov, Assoc. prof. Mahir Zeynalov and leading researcher, Ph.D. in Economics, Firdovsi Shahbazov
The event opened by the rector of ASAU, associate professor Zafar Gurbanov, greeted the guests and gave information about the main purpose of the event.
Then Professor Nazim Muzaffarli made a speech on "Financial self-sufficiency of Azerbaijan's regions" for the economist professor and teacher staff of MSU. Provided extensive information was on the methodology and results of the research.
He said that this study, which was carried out with the participation of a group of employees of the Institute of Economics, was carried out by order of the Ministry of Finance of the Republic of Azerbaijan. The purpose of the study is to assess the level of financial self-sufficiency of the country's administrative and economic regions and draw up a rating based on this.
For this, the "Self-financing level index" was calculated for our regions based on 3 different methodologies proposed by the authors. During the evaluation, also investigated issues such as development dynamics of regions, socio-economic indicators, effects of decisions made in previous periods on regional development. The results of the study were submitted to the Ministry of Finance of the Republic of Azerbaijan.
During the presentation, extensive information was given about the methodology and results of the research. Then there was a broad discussion about the research, the authors answered questions about increasing the level of self-financing in our regions.
Then signed a memorandum on mutual cooperation between the Institute of Economics and the Azerbaijan State Agrarian University. Document signed by prof. N. Muzaffarli and Assoc.prof., Z. Gurbanov.
The guests got acquainted with the material and technical base of the faculty at the Faculty of Economics of ASAU (economics.com.az).
