Fiscal Adjustment in Sudan: Size, Speed and Composition

 
Author/Editor: Abbas, S. M. Ali ; Moriyama, Kenji ; Naseer, Abdul
 
Publication Date: March 01, 2010
 
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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.
 
Series: Working Paper No. 10/79
Subject(s): Cross country analysis | Economic models | Fiscal policy | Fiscal reforms | Government expenditures | Income taxes | Oil producing countries | Oil revenues | Oil sector | Pricing policy | Sudan | Tax administration | Tax systems | Value added tax

Author's Keyword(s): Fiscal reforms | intertemporal budget constraint | oil revenue
 
English
Publication Date: March 01, 2010
Format: Paper
Stock No: WPIEA2010079 Pages: 43
Price:
US$18.00 (Academic Rate:
US$18.00 )
 
 
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