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How to Design a Fiscal Strategy in a Resource-Rich Country: Guidance Note on the Excel Template (v1.0)
Author:
Olivier Basdevant
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and
Eslem Imamoglunull

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Series:
IMF How To Notes
Volume/Issue:
Volume 2021: Issue 002
Language:
English
Publication Date:
09 Mar 2021
DOI:
https://doi.org/10.5089/9781513568805.061
ISBN:
9781513568805
ISSN:
2522-7912
Pages:
13
Keywords:
FADHTN; HTN; resource revenue; calibration method; commodity shock; dropdown menu; shock path
Legal-disclaimer:
Fiscal Affairs Department (FAD) How to Notes offer practical advice from IMF staff members to policymakers on important fiscal issues. The views expressed in FAD How to Notes are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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This guidance note describes how to use the Excel-based template developed by the Fiscal Affairs Department (FAD) of the IMF accompanying the note “How to Design a Fiscal Strategy in a Resource-Rich Country.” This template uses data inputs to generate simulations of fiscal policy dynamics. It helps IMF teams and country authorities in RRCs analyze trade-offs associated with alternative fiscal strategies for the use of public resource wealth. Visualizing these trade-offs and assessing their sensitivity to underlying macroeconomic assumptions can help inform policymakers on the most appropriate fiscal strategy, given country-specific circumstances.
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Cover IMF How To Notes
IMF How To Notes
ISSN:
2522-7912
Publisher:
International Monetary Fund
Volume 2021: Issue 002