Category - Elvin PASHAYEV

The main purpose of the article is to study revenue and expense management system on the government budget in Azerbaijan, the activities of Oil Fund (SOFAZ) and its place in budget transfers. In fact, some sectors have managed to maintain an acceptable level of efficiency, according to the circumstances, however, most showed some inefficient levels in the management of resources and at the same time, it was discovered that most of the state budget revenues (approx. 50%) are formed in the oil and gas sector which this does not allow for sustainable economic development. Research work has been carried out on the basis of systematic analysis and methods. The practical significance of the study is in the implementation of the set of measures proposed in the article. It is based on the evidence that the mechanism for the use of oil revenues in Azerbaijan will be improved and the effectiveness of long-term management for government expenditures is ensured.