Republic of Equatorial Guinea: Selected Issues and Statistical Appendix

June 23, 2006

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Republic of Equatorial Guinea: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2006) accessed November 21, 2024

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.

Subject: Budget planning and preparation, Commodities, Expenditure, Fiscal policy, Oil, Oil, gas and mining taxes, Public financial management (PFM), Taxes

Keywords: Budget planning and preparation, CR, Fund, Gas and mining taxes, Government expenditure, Hydrocarbon revenue, ISCR, Management procedure, Middle East and Central Asia, Oil, Petroleum fund, Savings fund, Sub-Saharan Africa

Publication Details

Pages:

122
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/237
Stock No:

1GNQEA2006002
ISBN:

9781451815986
ISSN:

1934-7685

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