## Fiscal Regimes for Extractive Industries—Design and Implementation

_Policy Papers, August 16, 2012_

## Source details

**Canonical URL:** [Fiscal Regimes for Extractive Industries—Design and Implementation](https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/fiscal-regimes-for-extractive-industries-design-and-implementation-pp4701)

## Other formats

- [Markdown version](/en/publications/policy-papers/issues/2016/12/31/fiscal-regimes-for-extractive-industries-design-and-implementation-pp4701/index.md)
- [Structured JSON version](/en/publications/policy-papers/issues/2016/12/31/fiscal-regimes-for-extractive-industries-design-and-implementation-pp4701/index.json)
- [Bundle manifest](/en/publications/policy-papers/issues/2016/12/31/fiscal-regimes-for-extractive-industries-design-and-implementation-pp4701/bundle-manifest.json)

## Bibliographic details
- Published: August 16, 2012
- Series: Policy Papers

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### Summary findings
- Better designed and implemented fiscal regimes for oil, gas, and mining can make a substantial contribution to the revenue needs of many developing countries while ensuring an attractive return for investors.
- Revenues from extractive industries (EIs) have major macroeconomic implications.
- The EIs account for over half of government revenues in many petroleum-rich countries, and for over 20 percent in mining countries.
- About one-third of IMF member countries find (or could find) resource revenues “macro-critical” – especially with large numbers of recent new discoveries and planned oil, gas, and mining developments.
- The paper sets out the analytical framework underpinning, and key elements of, the country-specific advice given.

### Policy advice and technical assistance
- IMF policy advice and technical assistance in the field has massively expanded in recent years.
- Expansion has been driven by demand from member countries and supported by increased donor finance.
- The policy paper provides the analytical framework used to inform country-specific fiscal regime design and implementation for extractive industries.

### Key statistics and dates
- Publication date: August 16, 2012
- EIs account for over half of government revenues in many petroleum-rich countries
- EIs account for over 20 percent of government revenues in mining countries
- About one-third of IMF member countries find (or could find) resource revenues “macro-critical”

### Availability (languages)
- Also available in العربية, français, español

### Subject tags
- Fiscal policy
- Mining sector
- Natural resources
- Revenues
- Tax administration
- Taxation
- Transparency

*Source: Fiscal Regimes for Extractive Industries—Design and Implementation (policy paper), IMF.*

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## Content in this bundle

- **1. EI Revenue Potential: Selected African Countries**
  - [1. EI Revenue Potential: Selected African Countries (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2012/_081512.pdf.md){rel="alternate" type="text/markdown"}
  - [1. EI Revenue Potential: Selected African Countries (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2012/_081512.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/fiscal-regimes-for-extractive-industries-design-and-implementation-pp4701_