Herd, Richard; Hill, Sam; Koen, Vincent - Economics Department, Organisation de Coopération et … - 2011
-year rolling programme. Expenditure needs to be controlled better, in particular as regards subsidies, which the central government … has indeed been trying to rein in, though with difficulty in the face of rising world oil prices. Expenditure also needs …. Corporate income tax rates are being cut, though the headline rate remains high. Lower taxation for large special economic zones …