Azerbaijan Republic : Selected Issues and Statistical Appendix

This Selected Issues paper and Statistical Appendix estimates the size of quasi-fiscal subsidies implicit in domestic energy policies in Azerbaijan. The paper highlights that from a consolidated public sector perspective, quasi-fiscal subsidies are no cheaper than fiscal or on-budget subsidies. Eventually, the budget bears the cost of the quasi-fiscal activity via reduced tax or dividend payments. The only difference between the quasi-fiscal subsidy and the on-budget subsidy is transparency. The paper also outlines a method for estimating energy-related quasi-fiscal subsidies.
Publication date: March 2002
ISBN: 9781451802559
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Environmental- Pollution Control , Environmental- Pollution Control , gas , fuel oil , oil products , crude oil , oil and gas

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