Fiscal Adjustment in Sudan: Size, Speed and Composition

WPIEA2010079 Image
Price:  $18.00

Author/Editor: Kenji Moriyama, S. M. Ali Abbas, Abdul Naseer
Release Date: © March, 2010
ISBN : 978-1-45198-222-0
Stock #: WPIEA2010079
English
Stock Status: Available

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Description

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.

Taxonomy

Economic policy , Fiscal policy , Pricing policy




More publications in this series: Working Papers


More publications by: Kenji Moriyama ; S. M. Ali Abbas ; Abdul Naseer