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IMFSurvey Magazine: Countries & Regions

Oil worker in Barrancabermeja, Colombia: Moving toward more flexible fiscal regimes will help protect the tax base in the Andean region (photo: Bloomberg GDA Photo Service/Newscom)

Designing Flexible Fiscal Regimes to Protect Revenues

November 24, 2015

Protecting the tax base of extractive industries, moving toward more responsive and flexible fiscal regimes, and improving international cooperation have become priorities in the Andean region, as commodity prices and revenues from extractive industries continue to decline, participants at a recent IMF conference for more

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