IMF How To Notes

How to Design a Fiscal Strategy in a Resource-Rich Country: Guidance Note on the Excel Template (v1.0)

ByOlivier Basdevant, Eslem Imamoglu

March 9, 2021

Preview Citation

Format: Chicago

Olivier Basdevant, and Eslem Imamoglu. "How to Design a Fiscal Strategy in a Resource-Rich Country: Guidance Note on the Excel Template (v1.0)", IMF How To Notes 2021, 002 (2021), accessed 12/6/2025, https://doi.org/10.5089/9781513568805.061

Export Citation

  • ProCite
  • RefWorks
  • Reference Manager
  • BibTex
  • Zotero
  • EndNote

Summary

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.

Subject: Commodity price indexes, Fiscal governance, Fiscal multipliers, Fiscal policy, Macro-fiscal framework

Keywords: calibration method, commodity shock, dropdown menu, FADHTN, HTN, resource revenue, shock path

Supplemental Resources