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Subsidy Reform in the Middle East and North Africa
			: Recent Progress and Challenges Ahead

Subsidy Reform in the Middle East and North Africa : Recent Progress and Challenges Ahead »

Series: Departmental Papers / Policy Papers

Author(s): Carlo Sdralevich , Randa Sab , Younes Zouhar , and Giorgia Albertin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 July 2014

DOI: http://dx.doi.org/10.5089/9781498350433.087

ISBN: 9781498350433

Keywords: Cross country analysis, Middle East, North Africa, Fiscal reforms, Fiscal policy, Social safety nets, Political economy, Subsidies, prices, food subsidies

In the Middle East and North Africa (MENA) countries price subsidies are common, especially on food and fuels. However, these are neither well targeted nor cost effective as a social protection tool, often benefiti...

Senegal
			: Achieving High and Inclusive Growth While Preserving Fiscal Sustainability

Senegal : Achieving High and Inclusive Growth While Preserving Fiscal Sustainability »

Volume: 13

Series: Departmental Papers / Policy Papers

Author(s): Alexei Kireyev , and Gaston Mpatswe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 2013

DOI: http://dx.doi.org/10.5089/9781484379660.087

ISBN: 9781484379660

Keywords: Economic growth, Electric power, Subsidies, Government expenditures, Fiscal sustainability, Senegal, electricity, per, expenditure, electricity subsidies

Senegal's growth has been sluggish in recent years with implications for poverty reduction. Average growth was relatively strong in 1995-2005 and accompanied by a large drop in poverty incidence. Due partly to a se...

Energy Subsidy Reform
			: Lessons and Implications

Energy Subsidy Reform : Lessons and Implications »

Series: Books

Author(s): Benedict Clements , David Coady , Stefania Fabrizio , Sanjeev Gupta , Trevor Alleyne , and Carlo Sdralevich

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2013

DOI: http://dx.doi.org/10.5089/9781475558111.071

ISBN: 9781475558111

Keywords: prices, electricity, pricing, electricity sector, electricity subsidies

Energy subsidies are aimed at protecting consumers, however, subsidies aggravate fiscal imbalances, crowd out priority public spending, and depress private investment, including in the energy sector. This book prov...

Energy Subsidy Reform in Sub-Saharan Africa
			: Experiences and Lessons

Energy Subsidy Reform in Sub-Saharan Africa : Experiences and Lessons »

Volume: 12

Series: Departmental Papers / Policy Papers

Author(s): Trevor Alleyne , and Mumtaz Hussain

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 August 2013

DOI: http://dx.doi.org/10.5089/9781484366547.087

ISBN: 9781484366547

Keywords: Cross country analysis, Electric power, Energy sector, Energy taxes, Oil prices, Fiscal reforms, Gasoline prices, Sub-Saharan Africa, Subsidies, electricity

The reform of energy subsidies is an important but challenging issue for sub-Saharan African (SSA) countries. There is a relatively large theoretical and empirical literature on this issue. While this paper relies...

Libya
			: Selected Issues

Libya : Selected Issues »

Volume/Issue: 2013/151

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 May 2013

DOI: http://dx.doi.org/10.5089/9781484387399.002

ISBN: 9781484387399

Keywords: prices, electricity, electricity subsidies, electricity tariffs, pricing

The cost of energy subsidies is large, and reduces the fiscal space available for public expenditure priorities, including education, health, and infrastructure. Libya's ample hydrocarbon wealth will allow it to re...

The Electricity Sector in FYR Macedonia

The Electricity Sector in FYR Macedonia »

Volume/Issue: 2011/30

Series: IMF Working Papers

Author(s): Alexander Tieman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2011

DOI: http://dx.doi.org/10.5089/9781455216772.001

ISBN: 9781455216772

Keywords: FYR Macedonia, Liberalization, EU acquis, ECT, subsidy, electricity sector, subsidization, Electric Utilities, Industry Studies: Utilities and Transportation: Government Policy, Energy and the Macroeconomy

This paper describes the current state of the Macedonian electricity sector. It looks at ongoing structural changes, driven by the gradual adoption of the EU acquis on energy, and comes up with estimates for electr...

Islamic Republic of Iran
			: Selected Issues Paper

Islamic Republic of Iran : Selected Issues Paper »

Volume/Issue: 2010/76

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 March 2010

DOI: http://dx.doi.org/10.5089/9781451981803.002

ISBN: 9781451981803

Keywords: electricity, energy policy, energy efficiency, electricity production, petroleum products

This Selected Issues paper discusses the economics of energy price reform in the Islamic Republic of Iran. Economic policies in Iran have traditionally relied on the abundant availability of energy at a low price t...

Albania
			: Poverty Reduction Strategy Paper-Joint Staff Advisory Note

Albania : Poverty Reduction Strategy Paper-Joint Staff Advisory Note »

Volume/Issue: 2008/270

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 August 2008

DOI: http://dx.doi.org/10.5089/9781451800944.002

ISBN: 9781451800944

Keywords: electricity, health sector, health financing, health care, pharmaceutical sector

This Joint Staff Advisory Note focuses on the Poverty Reduction Strategy Paper (PRSP) for Albania. The note analyzes the National Strategy for Development and Integration (NSDI) program, which represents a signific...

Quasi-Fiscal Deficits and Energy Conditionality in Selected CIS Countries

Quasi-Fiscal Deficits and Energy Conditionality in Selected CIS Countries »

Volume/Issue: 2006/43

Series: IMF Working Papers

Author(s): Tapio Saavalainen , and Joy Mylène Berge

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2006

DOI: http://dx.doi.org/10.5089/9781451863031.001

ISBN: 9781451863031

Keywords: quasi-fiscal deficit, transition, conditionality, electricity, fiscal deficit, fiscal deficits, quasi-fiscal deficits

Quasi-fiscal deficits of public utility companies are common in all member countries of the Commonwealth of Independent States (CIS). They constitute a significant impediment to efficient resource allocation and en...

Kosovo
			: Gearing Policies toward Growth and Development

Kosovo : Gearing Policies toward Growth and Development »

Series: Books

Author(s): Rakia Moalla-Fetini , Shehadah Hussein , Heikki Hatanpaa , and Natasha Koliadina

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 July 2005

DOI: http://dx.doi.org/10.5089/9781589064225.071

ISBN: 9781589064225

Keywords: wage, wages, banking, salaries, tax revenues

This report builds on two previous similar reports from 2001 and 2002-Kosovo: Macroeconomic Issues and Fiscal Sustainability (2001) and Kosovo: Institutions and Policies for Reconstruction and Growth (2002). It is...