Republic of Equatorial Guinea: Selected Issues and Statistical Appendix

International Monetary Fund

No 2006/237, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; management procedure; fund; government expenditure; savings fund; hydrocarbon revenue; petroleum fund; Oil; Budget planning and preparation; gas and mining taxes; Sub-Saharan Africa; Middle East and Central Asia (search for similar items in EconPapers)
Pages: 122
Date: 2006-06-23
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Citations: View citations in EconPapers (3)

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