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Proposal to Distribute Remaining Windfall Gold Sales Profits and Strategy to Make the Poverty Reduction and Growth Trust Sustainable

Proposal to Distribute Remaining Windfall Gold Sales Profits and Strategy to Make the Poverty Reduction and Growth Trust Sustainable »

Journal Issue

Volume/Issue: 2012/082

Series: Policy Papers

Author(s): International Monetary Fund. Finance Dept.;International Monetary Fund. Legal Dept.;International Monetary Fund. Strategy, Policy, & Review Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 September 2012

DOI: http://dx.doi.org/10.5089/9781498339858.007

ISBN: 9781498339858

Keywords: Administered accounts, Executive Board decisions, Gold sales by Fund, Poverty Reduction and Growth Trust, Profits, Resource allocation, Subsidy accounts, Use of Fund resources, Financial statements, Gold sales

This paper revisits the use of the remaining gold sales windfall profits (SDR 1.75 billion). Directors previously considered three main options: using them as part of a strategy to boost the capacity of the PRGT; c...

Fiscal Consolidation in Israel : A Global Fiscal Model Perspective

Fiscal Consolidation in Israel : A Global Fiscal Model Perspective »

Journal Issue

Volume/Issue: 2006/253

Series: IMF Working Papers

Author(s): Natan Epstein , Selim Elekdag , and Marialuz Moreno Badia

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2006

DOI: http://dx.doi.org/10.5089/9781451865134.001

ISBN: 9781451865134

Keywords: distortionary taxes, tax cuts, government deficit, Open Economy Macroeconomics, International Policy Coordination and Transmission, Taxation, Subsidies, and Revenue: General, Fiscal Policies and Behavior of Economic Agents: General,

Fiscal consolidation has become an important policy prescription for many emerging market countries (EMCs), particularly for the highly indebted ones. Although prudent fiscal policies tend to reduce vulnerabilities...

Proposal to Distribute Remaining Windfall Gold Sales Profits and Strategy to Make the Poverty Reduction and Growth Trust Sustainable

Proposal to Distribute Remaining Windfall Gold Sales Profits and Strategy to Make the Poverty Reduction and Growth Trust Sustainable »

Article

Source: Proposal to Distribute Remaining Windfall Gold Sales Profits and Strategy to Make the Poverty Reduction and Growth Trust Sustainable

Volume/Issue: 2012/082

Series: Policy Papers

Author(s): International Monetary Fund. Finance Dept.;International Monetary Fund. Legal Dept.;International Monetary Fund. Strategy, Policy, & Review Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 September 2012

ISBN: 9781498339858

Keywords: Administered accounts, Executive Board decisions, Gold sales by Fund, Poverty Reduction and Growth Trust, Profits, Resource allocation, Subsidy accounts, Use of Fund resources, Financial statements, Gold sales

This paper revisits the use of the remaining gold sales windfall profits (SDR 1.75 billion). Directors previously considered three main options: using them as part of a strategy to boost the capacity of the PRGT; c...