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Fiscal Policy Formulation and Implementation in Oil-Producing Countries

Fiscal Policy Formulation and Implementation in Oil-Producing Countries »

Series: Books

Author(s): Jeffrey Davis , Annalisa Fedelino , and Rolando Ossowski

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 August 2003

DOI: http://dx.doi.org/10.5089/9781589061750.071

ISBN: 9781589061750

Keywords: oil prices, fiscal policy, oil revenues, oil and gas, taxation

Countries with large oil resources can benefit substantially from them. However, despite their huge natural resources, many oil producers have had disappointing growth, widespread poverty, and continuing vulnerabil...

Regional Economic Outlook, May 2008, Middle East and Central Asia

Regional Economic Outlook, May 2008, Middle East and Central Asia »

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 April 2008

DOI: http://dx.doi.org/10.5089/9781589067158.083

ISBN: 9781589067158

Keywords: oil prices, oil exporters, oil revenues, oil-producing countries, exporting countries

The Middle East and Central Asia region grew at 6.5 percent in 2007, marking its best five-year performance over the past 30 years. So far, the turmoil in international financial markets has had a limited impact on...

Managing the Oil Revenue Boom
			: The Role of Fiscal Institutions

Managing the Oil Revenue Boom : The Role of Fiscal Institutions »

Series: Occasional Papers

Author(s): Mauricio Villafuerte , Rolando Ossowski , Theo Thomas , and Paulo Medas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 April 2008

DOI: http://dx.doi.org/10.5089/9781589067189.084

ISBN: 9781589067189

Keywords: Financial institutions, Oil revenues, oil-producing countries, fiscal policy, oil prices, fiscal rules

Oil-producing countries have benefited from rising oil prices in recent years. The increase in oil exports and oil revenues has had major implications for these countries. These developments have revealed how gover...

Managing Oil Wealth
			: The Case of Azerbaijan

Managing Oil Wealth : The Case of Azerbaijan »

Series: IMF Special Issues

Author(s): Niko Hobdari , Chonira Aturupane , Eric Le Borgne , Koba Gvenetadze , John Wakeman-Linn , and Stephan Danninger

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 September 2004

Language: Russian

DOI: http://dx.doi.org/10.5089/9781589063570.058

ISBN: 9781589063570

Keywords: Oil revenues, expenditure, expenditures, oil and gas, natural resource, oil sector, fiscal policy, oil revenues, oil prices, natural resources

Oil and gas production in Azerbaijan were projected to increase sharply in 2005 and 2006, respectively, reaching peaks of 1.3 million barrels a day in 2009 and 20 billion cubic meters a year in 2010. Although expec...

Perspectives économiques régionales
			: Afrique subsaharienne, Septiembre 2006

Perspectives économiques régionales : Afrique subsaharienne, Septiembre 2006 »

Series: Regional Economic Outlook

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 October 2006

Language: French

DOI: http://dx.doi.org/10.5089/9781589065932.086

ISBN: 9781589065932

Keywords: exchange rate regime, exchange rate, importing countries, oil-importing countries, exporting countries, oil prices, floating exchange rate regime, fixed exchange rate regime, fixed exchange rate, floating exchange rate

Provides a broad synopsis of recent economic developments in the Middle East and Central Asia region, highlighting common trends and policies among countries in the region, and reviewing prospects and policies for...

Regional Economic Outlook, April 2007
			: Sub-Saharan African

Regional Economic Outlook, April 2007 : Sub-Saharan African »

Series: Regional Economic Outlook

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 April 2007

Language: French

DOI: http://dx.doi.org/10.5089/9781589066403.086

ISBN: 9781589066403

Keywords: debt, domestic debt, debt management, exchange rate regime, exporting countries, interest, external debt, oil importers, oil-producing countries, importing countries

Sub-Saharan Africa's growth performance during the past three years has been the best in more than three decades, and higher oil revenues and increased debt relief have been used to make progress toward the Millenn...

Algeria: Selected Issues Paper

Algeria: Selected Issues Paper »

Source: Algeria : Selected Issues Paper

Volume/Issue: 2014/342

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 December 2014

ISBN: 9781484341407

Keywords: revenues, tax, revenue, income tax, oil prices

This Selected Issues paper discusses the need to meet Algeria's fiscal challenges. Although Algeria enjoys substantial fiscal savings, fiscal policy is currently on an unsustainable path. Under current projections,...

Algeria: Selected Issues Paper

Algeria: Selected Issues Paper »

Source: Algeria : Selected Issues Paper

Volume/Issue: 2014/342

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 December 2014

ISBN: 9781484341407

Keywords: revenues, tax, revenue, income tax, oil prices

This Selected Issues paper discusses the need to meet Algeria's fiscal challenges. Although Algeria enjoys substantial fiscal savings, fiscal policy is currently on an unsustainable path. Under current projections,...

Algeria: Selected Issues Paper

Algeria: Selected Issues Paper »

Source: Algeria : Selected Issues Paper

Volume/Issue: 2014/342

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 December 2014

ISBN: 9781484341407

Keywords: revenues, tax, revenue, income tax, oil prices

This Selected Issues paper discusses the need to meet Algeria's fiscal challenges. Although Algeria enjoys substantial fiscal savings, fiscal policy is currently on an unsustainable path. Under current projections,...

Fiscal Policy Sustainability in Oil-Producing Countries

Fiscal Policy Sustainability in Oil-Producing Countries »

Source: Fiscal Policy Sustainability in Oil-Producing Countries

Volume/Issue: 1994/137

Series: IMF Working Papers

Author(s): Sheila Bassett , Claire Liuksila , and Alejandro García

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1994

ISBN: 9781451855852

Keywords: oil reserves, fiscal stance, oil revenues, government revenue

Assessing the sustainability of a given fiscal policy is especially important for countries that depend on income from exhaustible resources. Political and growth pressures may push governments to raise expenditure...