Azerbaijan Republic: Selected Issues and Statistical Appendix

March 8, 2002

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Azerbaijan Republic: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2002) accessed November 21, 2024

Summary

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.

Subject: Commodities, Economic sectors, Electricity, Energy sector, Fuel prices, Oil, Oil prices, Prices

Keywords: Azerenergy, Collection rate, Cost, CR, Electricity, Energy sector, Fuel delivery, Fuel prices, H. Azerenergy revenue, ISCR, Oil, Oil prices, Oil product, Price, Refining activity, SOCAR refining cost, SOCAR reports refining expenditure, Value

Publication Details

Pages:

47
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2002/041
Stock No:

1AZEEA0012002
ISBN:

9781451802559
ISSN:

1934-7685

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