Fiscal Adjustment in Sudan: Size, Speed and Composition

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, re...

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Bibliographic Details
Main Author: Abbas, S. M. Ali (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C International Monetary Fund 2010
Series:IMF Working Papers Working Paper No. 10/79
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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
Physical Description:1 Online-Ressource (43 p)
ISBN:1451982224
9781451982220

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