Fiscal Adjustment in Sudan Size, Speed, and Composition

By S. M. Ali Abbas, Kenji Moriyama, Abdul Naseer

March 1, 2010

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S. M. Ali Abbas, Kenji Moriyama, and Abdul Naseer. Fiscal Adjustment in Sudan Size, Speed, and Composition, (USA: International Monetary Fund, 2010) accessed September 18, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

The paper aims to identify the optimal size, speed and composition of the medium-term fiscal adjustment in the context of Sudan's limited oil reserves. The permanently sustainable non-oil primary balance approach suggests the need for significant fiscal adjustment over the medium term, requiring a widening of the tax base. Cross-country comparisons highlight VAT and personal income tax (as well as tax administration) as key areas for reform. The paper also suggests the need for complementary expenditure-side measures in the areas of petroleum pricing and anchoring fiscal policy in non-oil indicators.

Subject: Expenditure, Fiscal consolidation, Oil prices, Oil, gas and mining taxes, Public debt

Keywords: Fiscal policy, Government expenditure, Income tax, Interest rate, WP

Publication Details

Pages:

43
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 2010/079
Stock No:

WPIEA2010079
ISBN:

9781451982220
ISSN:

1018-5941

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