Sources of financing for increasing the competitiveness of the food Industry in Azerbaijan

The state policy of the government Azerbaijan is aimed at sectoral diversification economy country, in which food industry occupies a significant place. Since for long time there has been raw materials-based model Azerbaijan, investment funds have not directed to increase competitiveness order operate successfully global market. main aim research investigate opportunity using various sources financing, are required improve Azerbaijani competitivity. methods summary and grouping, analysis, synthesis, induction, deduction, were used reach goal. It was shown that could be improved by increasing climate share outside joint financing sources. During conducted it determined over past 15 years, implemented more than 70 national specific programs. work separately points out State Programs I II on economic social development regions, introduced period from 2004 2013. For sector competitivity additional financial resources, reached $65 billion 2012, attracted country; loans strengthen increased 9.7 times between 2006 2021, volume will exceed $3 result. positive impact measures, taken, reflected creation 1.2 million jobs Republic Azerbaijan. study results showed internal largest while due attention paid international cooperation external financing. practical significance presented this article lies its providing basis subsequent areas topic under consideration, as well programs improving