wp 05 197 trinidad and tobago the energy boom proposals for a sustainable fiscal policy delia velculescu saqib rizavi 2005 international monetary fund imf working paper western hemisphere department prepared by 1 authorized distribution antônio furtado october abstract this should not be reported as representing views of expressed in are those author s do necessarily represent or papers describe research progress published to elicit comments further debate is experiencing an stronger than ones 1970s 1980s main challenge ensure that increased revenues from ultimately exhaustible resources used way protects competitiveness nonenergy sector builds assets intergenerational equity provides cushion stabilization derives estimates level primary balance using friedman permanent income hypothesis these
