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dc.contributor.authorFjeldstad, Odd-Helge
dc.contributor.authorJensen, Søren Kirk
dc.contributor.authorPaulo, Francisco Miguel
dc.date.accessioned2018-01-04T08:20:56Z
dc.date.available2018-01-04T08:20:56Z
dc.date.issued2014-02-01
dc.identifieroai:www.cmi.no:5051
dc.identifier.citationBergen: Chr. Michelsen Institute (Angola Brief vol. 4 no. 1) 4 p.
dc.identifier.issn1892-3933
dc.identifier.urihttp://hdl.handle.net/11250/2475156
dc.description.abstractFiscal policy is the use of government revenue collection (taxation) and expenditure (spending) to monitor and influence the nation’s economy. A major challenge facing fiscal policy and implementation of the ongoing non-oil tax reform in Angola is the inability to provide reliable revenue forecasts for planning and budgeting purposes. Accurate revenue forecasts are a key element for the design and execution of sound fiscal policies. Large forecast errors can lead to substantial budget management problems. While forecast errors can never be entirely avoided, in Angola budget revenue estimates systematically deviate from actual revenue receipts. This brief argues that a combination of technical and political issues contribute to explain the huge gaps between reported and projected revenues.
dc.language.isoeng
dc.publisherChr. Michelsen Institute
dc.relationAngola Brief
dc.relation1
dc.relation.ispartofAngola Brief
dc.relation.ispartofseriesAngola Brief vol. 4 no. 1
dc.relation.urihttps://www.cmi.no/publications/5051-poor-revenue-forecasting
dc.subjectAngola
dc.titlePoor revenue forecasting: A major challenge for sound fiscal policy in Angola
dc.typeReport


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