Fiscal Regimes for Extractive Industries—Design and Implementation

Released on by International Monetary Fund. Fiscal Affairs Dept.
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  • Fiscal Regimes for Extractive Industries—Design and Implementation Book Detail

  • Author : International Monetary Fund. Fiscal Affairs Dept.
  • Release Date : 2012-08-16
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 82
  • ISBN 13 : 1498340067
  • File Size : 50,50 MB
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Fiscal Regimes for Extractive Industries—Design and Implementation by International Monetary Fund. Fiscal Affairs Dept. PDF Summary

Book Description: 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, according to a new policy paper from the International Monetary Fund. 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. IMF policy advice and technical assistance in the field has massively expanded in recent years – driven by demand from member countries and supported by increased donor finance. The paper sets out the analytical framework underpinning, and key elements of, the country-specific advice given. Also available in Arabic: ????? ??????? ?????? ???????? ???????????: ??????? ???????? Also available in French: Régimes fiscaux des industries extractives: conception et application Also available in Spanish: Regímenes fiscales de las industrias extractivas: Diseño y aplicación

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