BUDGET SYSTEM IN THE REPUBLIC OF AZERBAIJAN

Abstract

The main purpose of the study is to examine the budget system in the Republic of Azerbaijan. It is also a look at the mutual relations between the budget system and the tax system. What is the budget?, how the budget-tax policy is formed, what principles are used, all this is researched and studied. At the same time, the negative effects of the coronavirus pandemic (COVID-19) on the country's economy are being studied, and the ways of forming a flexible budget and tax policy during the pandemic and postpandemicperiod. The research work was carried out on the basis of fundamental and systematic methods of analysis. Also, during the research, the International Monetary Fund and other financial institutions, as well as state institutions, during the period of low oil prices, with necessary changes in the structure of the state budget's revenues and expenses and tax incentives were reviewed and the results were analyzed. And based on the results of the research, we can say that the tax reforms and other economic and social measures implemented in the fight against the coronavirus (COVID-19) pandemic, which began in early 
2020, prove that timely and justified steps will minimize the effects of the said pandemic on the social and economic life of the country. downloaded