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Chad: Staff Report For the 2011 Article IV Consultation—Informational Annex

Chad: Staff Report For the 2011 Article IV Consultation—Informational Annex »

Source: Chad : Staff Report for the 2011 Article IV Consultation

Volume/Issue: 2011/302

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 October 2011

ISBN: 9781463921972

Keywords: expenditure, per, fiscal policy, expenditures, external debt

In this study, Chad's economic developments and policies have been prepared by an IMF staff team. The recent economic developments and risks of the financial system are reported. Budget discipline has been improved...

Chapter 9. Cameroon’s Oil Wealth: Transparency Matters

Chapter 9. Cameroon’s Oil Wealth: Transparency Matters »

Source: Oil Wealth in Central Africa : Policies for Inclusive Growth

Series: Books

Author(s): Bernardin Akitoby , and Sharmini Coorey

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 August 2012

ISBN: 9781616353766

Keywords: fiscal policy, per, public investment, expenditure, fiscal stance

Ample evidence indicates that natural resource revenue is more likely to lead to rent-seeking and corruption in countries that have not developed sufficient quality of governance before the natural resource...

Chapter 4. CEMAC’s Infrastructure Gap: Issues and Policy Options

Chapter 4. CEMAC’s Infrastructure Gap: Issues and Policy Options »

Source: Oil Wealth in Central Africa : Policies for Inclusive Growth

Series: Books

Author(s): Bernardin Akitoby , and Sharmini Coorey

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 August 2012

ISBN: 9781616353766

Keywords: fiscal policy, per, public investment, expenditure, fiscal stance

The member countries of the Central African Economic and Monetary Community (CEMAC) are extremely heterogeneous, with varying income levels, natural resource endowments, geography, and topography. The CEMAC...

Chapter 10. Chad: Lessons from the Oil Years

Chapter 10. Chad: Lessons from the Oil Years »

Source: Oil Wealth in Central Africa : Policies for Inclusive Growth

Series: Books

Author(s): Bernardin Akitoby , and Sharmini Coorey

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 August 2012

ISBN: 9781616353766

Keywords: fiscal policy, per, public investment, expenditure, fiscal stance

Chad’s oil was developed in the uniquely difficult conditions of a landlocked nation with extremely low levels of human and physical capital, and in the virtual absence of basic infrastructure—which had to b...

CHAPTER 3. Choosing an Expenditure Path

CHAPTER 3. Choosing an Expenditure Path »

Source: Fiscal Management of Scaled-Up Aid

Series: IMF Special Issues

Author(s): Kevin Fletcher , Sanjeev Gupta , Duncan Last , Gerd Schwartz , Shamsuddin Tareq , Richard Allen , and Isabell Adenauer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 April 2008

ISBN: 9781589067035

Keywords: expenditure, fiscal policy, public expenditure, public spending, fiscal institutions

The IMF’s advice and program design encourage aid recipients to spend all aid fully and effectively. How much and how fast scaled-up aid should be spent over the medium term is a function of the following:...

Chapter 4. Commodity Price Volatility: Impact and Policy Challenges for Low-Income Countries

Chapter 4. Commodity Price Volatility: Impact and Policy Challenges for Low-Income Countries »

Source: Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Series: Books

Author(s): Rabah Arezki , Catherine Pattillo , Marc Quintyn , and Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2012

ISBN: 9781616353797

Keywords: hedging, fiscal policy, inflation, terms of trade, food prices

Introduction The roller-coaster experience of recent years has highlighted the fact that commodity price fluctuations are an integral part of the global economy. 1...

Chapter 11. Commodity Price Volatility, Poverty, and Growth Inclusiveness in Sub-Saharan African Countries

Chapter 11. Commodity Price Volatility, Poverty, and Growth Inclusiveness in Sub-Saharan African Countries »

Source: Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Series: Books

Author(s): Rabah Arezki , Catherine Pattillo , Marc Quintyn , and Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2012

ISBN: 9781616353797

Keywords: hedging, fiscal policy, inflation, terms of trade, food prices

Introduction The comparative advantage of sub-Saharan African countries predominantly lies in the export of commodities, whether they be oil, mineral, or agricultural. Managing devel...

CHAPTER 6. Conclusions

CHAPTER 6. Conclusions »

Source: Fiscal Management of Scaled-Up Aid

Series: IMF Special Issues

Author(s): Kevin Fletcher , Sanjeev Gupta , Duncan Last , Gerd Schwartz , Shamsuddin Tareq , Richard Allen , and Isabell Adenauer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 April 2008

ISBN: 9781589067035

Keywords: expenditure, fiscal policy, public expenditure, public spending, fiscal institutions

Sound fiscal policies are critical for handling aid volatility as well as for making effective use of scaled-up aid and other flows. By easing resource constraints, these flows allow low-income countries to...

Chapter 11. Congo’s Experience Managing Oil Wealth

Chapter 11. Congo’s Experience Managing Oil Wealth »

Source: Oil Wealth in Central Africa : Policies for Inclusive Growth

Series: Books

Author(s): Bernardin Akitoby , and Sharmini Coorey

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 August 2012

ISBN: 9781616353766

Keywords: fiscal policy, per, public investment, expenditure, fiscal stance

The history of the Republic of Congo (Congo) is strongly linked to the production of oil, which began just before independence from France in 1960. From the time the first onshore field started pumping in 19...

Chapter 2. Country Overview

Chapter 2. Country Overview »

Source: Lifting the Oil Curse : Improving Petroleum Revenue Management in Sub-Saharan Africa

Series: IMF Special Issues

Author(s): Harinder Malothra , Milan Cuc , Ulrich Bartsch , and Menachem Katz

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 January 2004

ISBN: 9781589063174

Keywords: fiscal policy, oil sector, oil companies, exchange rate, oil prices

The seven countries in the group of oil-producing African countries together produced an average of 3.8 million barrels of oil per day in 2001, equivalent to 5 percent of world oil production. Their total pr...