Azerbaijan Republic : Selected Issues and Statistical Appendix

Author/Editor:

International Monetary Fund

Publication Date:

March 8, 2002

Electronic Access:

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Summary:

This Selected Issues paper and Statistical Appendix estimates the size of quasi-fiscal subsidies implicit in domestic energy policies in Azerbaijan. The paper highlights that from a consolidated public sector perspective, quasi-fiscal subsidies are no cheaper than fiscal or on-budget subsidies. Eventually, the budget bears the cost of the quasi-fiscal activity via reduced tax or dividend payments. The only difference between the quasi-fiscal subsidy and the on-budget subsidy is transparency. The paper also outlines a method for estimating energy-related quasi-fiscal subsidies.

Series:

Country Report No. 02/41

Subject:

English

Publication Date:

March 8, 2002

ISBN/ISSN:

9781451802559/1934-7685

Stock No:

1AZEEA0012002

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

47

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