Qatar: Selected Issues
International Monetary Fund
No 2013/015, IMF Staff Country Reports from International Monetary Fund
Abstract:
Qatar has recently taken steps toward introducing a medium-term budget framework (MTBF) to enhance the predictability of spending decisions in the country. However, implementing medium-term fiscal planning requires formal procedural fiscal rules and parallel efforts to enhance the credibility of the annual budget. Given Qatar’s significant exposure to hydrocarbon price movements and its long-lasting hydrocarbon reserves, such fiscal rules would need a certain degree of flexibility and, at the same time, should be set to maintain consistency with long-term fiscal sustainability.
Keywords: ISCR; CR; budget; Qatar; bond market; central bank; liquidity surplus; QCB liquidity forecasting model; liquidity management framework; market infrastructure; T-bill auction; fixed income; Government securities; Budget planning and preparation; Liquidity; Securities markets; Global; Liquidity management (search for similar items in EconPapers)
Pages: 51
Date: 2013-01-16
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Citations: View citations in EconPapers (1)
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