Algeria : Selected Issues.

This Selected Issues paper examines the options and strategies for designing a fiscal framework for Algeria. It suggests that given the expected lifetime of hydrocarbon reserves, ensuring long-term sustainability and saving for future generations should be the priorities of fiscal policy. The fiscal...

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Bibliographic Details
Corporate Author: International Monetary Fund. Middle East and Central Asia Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2014.
Series:IMF Staff Country Reports; Country Report ; No. 2014/034
Online Access:Full text available on IMF
Description
Summary:This Selected Issues paper examines the options and strategies for designing a fiscal framework for Algeria. It suggests that given the expected lifetime of hydrocarbon reserves, ensuring long-term sustainability and saving for future generations should be the priorities of fiscal policy. The fiscal framework also needs to be supported by an adequate institutional arrangement. Overall, the reserves management capacity should be strengthened. The budget law needs to incorporate the new fiscal rule and define the way to enforce it. For the sake of smooth transition, the management of the sovereign wealth fund should be the responsibility of the central bank, which already has the capacity and experience in reserves management.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
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Physical Description:1 online resource (59 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students