Download or read book Cash Flow Analysis of Fiscal Regimes for Extractive Industries written by Thomas Benninger and published by International Monetary Fund. This book was released on 2024-04-26 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mining and petroleum projects share characteristics distinguishing them from other sectors of the economy, which has led to the use of dedicated fiscal regimes for these projects. The IMF’s Fiscal Affairs Department uses fiscal modeling to evaluate extractive industry fiscal regimes for its member countries, and trains country officials on key modeling concepts. This paper outlines important preconditions needed for effective fiscal modeling, key evaluation metrics, and emphasizes the importance of transparent modeling practices. It then examines the modeling of commonly-used fiscal instruments and highligts where their economic impact differs, and how fiscal models can inform fiscal regime design.