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Azerbaijan Republic: Selected Issues and Statistical Appendix

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  • International Monetary Fund

Abstract

This Selected Issues paper and Statistical Appendix estimates the size of quasi-fiscal subsidies implicit in domestic energy policies in Azerbaijan. The paper highlights that from a consolidated public sector perspective, quasi-fiscal subsidies are no cheaper than fiscal or on-budget subsidies. Eventually, the budget bears the cost of the quasi-fiscal activity via reduced tax or dividend payments. The only difference between the quasi-fiscal subsidy and the on-budget subsidy is transparency. The paper also outlines a method for estimating energy-related quasi-fiscal subsidies.

Suggested Citation

  • International Monetary Fund, 2002. "Azerbaijan Republic: Selected Issues and Statistical Appendix," IMF Staff Country Reports 2002/041, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2002/041
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=15698
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    Cited by:

    1. World Bank, 2003. "Azerbaijan Republic : Poverty Assessment, Volume 2. The Main Report," World Bank Publications - Reports 14719, The World Bank Group.

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