Algeria: 2008 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Algeria

April 2, 2009

Preview Citation

Format: Chicago

Algeria: 2008 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Algeria, (USA: International Monetary Fund, 2009) accessed November 23, 2024

Also available in: français

Summary

Algeria has enjoyed several years of strong economic performance, but continues to face important challenges. This 2008 Article IV Consultation highlights that economic performance of Algeria has remained relatively favorable in 2008. The outlook remains encouraging despite the challenging international environment. Executive Directors have welcomed Algeria’s strong economic performance in recent years, with solid nonhydrocarbon growth and low inflation. They have also commended the authorities for their sound policy stance that has enabled the accumulation of large external reserves and resources in the oil stabilization fund.

Subject: Current spending, Expenditure, Exports, External debt, Fiscal policy, Fiscal stance, International trade, Oil prices, Prices

Keywords: CR, Current spending, Economy, Europe, Exports, Fiscal stance, Global, Hydrocarbon GDP growth, ISCR, Maghreb, Oil price, Oil prices, Price, Price subsidy, Reform effort, World commodities price

Publication Details

Pages:

40
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2009/108
Stock No:

1DZAEA2009001
ISBN:

9781451811582
ISSN:

1934-7685

Notes

Also available in French

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