International Monetary Fund. Western Hemisphere Dept.
of oil and natural gas. The rapid growth in the energy sector is impacting the rest of the economy and propelling a major economic transformation. Foreign oil and gas companies operating in Guyana have raised their long-term productionforecasts, which will help to attract new capital investment and lift the growth outlook to a double-digit expansion for at least the next five years. From the authorities’ standpoint, this remarkable macroeconomic outlook should’ve been widely featured in the analysis presented in the report instead of leaving it in the annex tables
This paper discusses Malian mining taxation. Mali’s industrial mining sector is predominantly gold mining, with six industrial mines currently active. Most of the mines are old, but some have substantial reserves; extensions are planned for the Syama, Morila, Kalama, Tabakoto-Segela, and Loulo-Gounkoto mines. The Fiscal Analysis for Resource Industries model was completed for five new projects with recent feasibility studies. The government revenue contributed by the five new projects is on the order of US$1.7 billion (constant dollars) over the next 10 years. The application of the 1999 or 2012 Mining Code increases the government’s share of income in comparison with the 1991 code.