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Large quantities of oil were discovered in the Albertine Rift Valley in Western Uganda in 2006. The sound management of … these oil resources and revenues is undoubtedly one of the key public policy challenges for Uganda as it is for other … broad scope of issues that need to be addressed in order for Uganda to realise the full potential of its oil wealth for …
Persistent link: https://www.econbiz.de/10012433751
This paper attempts to offer specific inputs to the debate on local content promotion in the oil industry, using the specific case of São Tomé and Príncipe as point of reference. Our approach emphasizes inter-sectoral linkages and institutional pre-conditions for local content promotion....
Persistent link: https://www.econbiz.de/10005826602
The paper reviews the background and the existing institutional framework for oil sector development in São Tomé and Príncipe and the challenges faced in implementing transparency rules in all oil-related transactions. It provides a quantitative analysis of the impact of oil sector...
Persistent link: https://www.econbiz.de/10011242845
This Selected Issues paper analyzes the energy sector and labor market developments in Trinidad and Tobago. It discusses monetary and exchange rate policy and describes the institutional setting and economic structure within which monetary and exchange rate policy is conducted. The framework...
Persistent link: https://www.econbiz.de/10005591805
Persistent link: https://www.econbiz.de/10012424968
Statistical data and issues are discussed in this paper. Mauritania reached the completion point under the enhanced Initiative for Heavily Indebted Poor Countries. In July 2004, a new economic team took actions to tighten fiscal and monetary policies. The authorities intend to adopt sound...
Persistent link: https://www.econbiz.de/10011243789
This paper proposes a general framework for monitoring macro-critical energy sectors in low-income countries, defined as consisting of the three subsectors of crude oil and natural gas production, refinery, and electricity production. It aims to derive consistent information on physical and...
Persistent link: https://www.econbiz.de/10005604798
Equatorial Guinea has recorded one of Africa’s fastest growth rates, as its petroleum industry has expanded and strengthened the country’s economic and fiscal sustainability. Executive Directors endorsed the National Development Plan to enhance productivity and achieve the MDGs....
Persistent link: https://www.econbiz.de/10011243490
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Persistent link: https://www.econbiz.de/10005768452
Buoyant oil prices have allowed oil-producing countries in sub-Saharan Africa (SSA OPCs) to increase oil exports and fiscal revenues, providing them with resources necessary to address the pressing social needs. To preclude another boom-bust cycle, this paper advocates the definition of a fiscal...
Persistent link: https://www.econbiz.de/10005263842