Fiscal adjustment in Sudan : size, speed and composition /

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Bibliographic Details
Author / Creator:Abbas, S. M. Ali, author.
Imprint:[Washington, D.C.] : International Monetary Fund, ©2010.
Description:1 online resource (43 pages) : color illustrations
Language:English
Series:IMF working paper ; WP/10/79
IMF working paper ; WP/10/79.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12498596
Hidden Bibliographic Details
Other authors / contributors:Moriyama, Kenji, author.
Naseer, Abdul, author.
International Monetary Fund. Middle East and Central Asia Department, issuing body.
ISBN:1282845667
9781282845664
9781452730875
1452730873
1451983115
9781451983111
9781451982220
1451982224
Notes:Includes bibliographical references (page 43).
English.
Print version record.
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.