Fiscal Adjustment in Sudan Size, Speed, and Composition

Author/Editor:

S. M. Ali Abbas ; Kenji Moriyama ; Abdul Naseer

Publication Date:

March 1, 2010

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

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.

Series:

Working Paper No. 10/79

Subject:

Cross country analysis Economic models Fiscal policy Fiscal reforms Government expenditures Income taxes Oil producing countries Oil revenues Oil sector Pricing policy Sudan Tax administration Tax systems Value added tax

English

Publication Date:

March 1, 2010

ISBN/ISSN:

9781451982220/1018-5941

Stock No:

WPIEA2010079

Format:

Paper

Pages:

43

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