Algeria: Staff Report for the 2001 Article IV Consultation and Post-Program Monitoring Discussion

September 19, 2001

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Algeria: Staff Report for the 2001 Article IV Consultation and Post-Program Monitoring Discussion, (USA: International Monetary Fund, 2001) accessed November 21, 2024

Summary

Since the outset of IMF-supported adjustment and reform program, Algeria has made substantial progress toward the restoration of macroeconomic stability and implemented a set of structural reforms. High hydrocarbon prices also contributed to a sharp improvement in the budget position. A prudent fiscal stance and cautious easing of monetary conditions have led to a major strengthening of the balance of payments position and a large accumulation of official reserves. The authorities are urged to enhance transparency and strengthen the efforts to improve governance.

Subject: Banking, Economic sectors, External debt, Oil prices, Prices, Privatization, Public enterprises, Tariffs, Taxes

Keywords: Algeria's OPEC quota, Algérie Télécom, CR, Dollar terms, Exchange rate, Global, Hydrocarbon price, ISCR, Oil prices, Price, Privatization, Public enterprises, Rate, Staff appraisal, Tariff rate, Tariffs

Publication Details

Pages:

57
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2001/162
Stock No:

1DZAEA0012001
ISBN:

9781451811377
ISSN:

1934-7685

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