Algeria: Selected Issues and Statistical Appendix

February 10, 2004

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Algeria: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2004) accessed November 23, 2024

Summary

Algeria remains heavily dependent on the hydrocarbon sector and still maintains a sizable and inefficient state-owned enterprise sector. Against this background, the paper addresses two different issues with important implications for macroeconomic stability in Algeria. The paper proposes the replacement of directed credit to large loss-making public enterprises with temporary and explicit budget subsidies. It also shows that money, volume of imports, and weather conditions have a strong impact on price movements in the short term, whereas the exchange rate has none.

Subject: Bank credit, Consumer price indexes, Economic sectors, Financial institutions, Inflation, Money, Prices, Public enterprises, State-owned banks

Keywords: Bank credit, Banking reform, Chapter, Chapter III, Consumer price indexes, CR, Expansionary fiscal policy stance, Inflation, ISCR, Price movement, Public enterprises, State-owned banks, State-owned enterprise sector

Publication Details

Pages:

84
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/031
Stock No:

1DZAEA0012004
ISBN:

9781451811391
ISSN:

1934-7685

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