Download or read book High-Level Summary Technical Assistance Report written by Mr. Thomas Baunsgaard and published by International Monetary Fund. This book was released on 2024-06-21 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following a surge in petroleum sector exploration, the Namibian authorities requested a review of their petroleum upstream fiscal regime. The petroleum fiscal regime balances investor and government interests and is fit for purpose although untested in practice. A number of recommended policy measures if implemented would provide clarity and simplicity for taxpayers while safeguarding government revenue collections. Fiscal transparency can be enhanced by publishing petroleum agreements while the costs and benefits of state participation should be considered.