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This Selected Issues Paper on Iran reviews that monetary factors are the main determinants of inflation in the country. Government spending out of oil revenues leads to large liquidity injections that the central bank accommodates owing to its efforts to prevent a significant nominal...
Persistent link: https://www.econbiz.de/10011244775
This selected issues paper on Sudan was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on September 7, 2012. The views expressed...
Persistent link: https://www.econbiz.de/10011244203
This Selected Issues Paper focuses on economic condition, energy subsidies, and oil prices in Jordan. Energy price … subsidies pose a serious fiscal risk in the present context of increasing and volatile international prices. The macroeconomic …
Persistent link: https://www.econbiz.de/10011244218
Persistent link: https://www.econbiz.de/10011244286
major obstacles to trade and investment, the reforms introduced in the period 2000/01–2002/03 contributed significantly to …
Persistent link: https://www.econbiz.de/10011244296
This Selected Issues paper on Iran focuses on the Targeted Subsidy Reform Law (TSRL). This is the basic law governing the implementation of the subsidy reform in Iran. The TSRL envisaged bringing subsidized prices close to international levels over a five-year period. The paper reviews the...
Persistent link: https://www.econbiz.de/10011244300
This Selected Issues paper examines the implications of lower crude oil prices on Malaysia’s economy. Although Malaysia’s net oil exports are now very small as a share of GDP, its gas exports are sizeable. The paper provides some background on the structure of energy production and...
Persistent link: https://www.econbiz.de/10011244725
The cost of energy subsidies is large, and reduces the fiscal space available for public expenditure priorities …, including education, health, and infrastructure. Libya’s ample hydrocarbon wealth will allow it to reform subsidies while … protecting the poor. A gradual phasing out of subsidies would allow adjustment in consumption and minimize the inflationary …
Persistent link: https://www.econbiz.de/10011244740
In this paper, the following statistical data of the United Arab Emirates are presented: sectoral origin of GDP at constant prices, real growth by economic sector, sectoral distribution of nominal GDP, use of resources at current prices, per capita GDP and distribution of GDP at factor cost by...
Persistent link: https://www.econbiz.de/10011244971
This Selected Issues and Statistical Appendix paper on Kuwait focuses on recent development in investment companies … remains precarious, and there are 15 listed investment companies in a dire situation. …
Persistent link: https://www.econbiz.de/10011245260