Republic of Equatorial Guinea: Selected Issues and Statistical Appendix
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Summary:
This note analyzes the medium- and long-term prospects of the hydrocarbon sector as a source of growth. Substantial hydrocarbon and financial reserves implies a sizable upward shift in the sustainable expenditure path. Rather than suggesting a specific fiscal rule, four simple alternatives are simulated and their implications assessed in terms of the overall non-oil balance. Comparing cross-country experiences with the current set up in Equatorial Guinea and statistical data on economic indices of Guinea have also been presented in the paper.
Series:
Country Report No. 2006/237
Subject:
Budget planning and preparation Commodities Expenditure Fiscal policy Oil Oil, gas and mining taxes Public financial management (PFM) Taxes
English
Publication Date:
June 23, 2006
ISBN/ISSN:
9781451815986/1934-7685
Stock No:
1GNQEA2006002
Pages:
122
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