Algeria: 2009 Article IV Consultation: Staff Report; and Public Information Notice

March 2, 2010

Preview Citation

Format: Chicago

Algeria: 2009 Article IV Consultation: Staff Report; and Public Information Notice, (USA: International Monetary Fund, 2010) accessed November 23, 2024

Summary

This report reviews the Article IV Consultation with Algeria on economic developments and policies. Algeria has enjoyed several years of strong economic performance driven by public spending, but continues to face important challenges. Nonhydrocarbon (NH) growth and job creation are largely sustained by public spending, highlighting the pressing need to accelerate structural reforms to diversify the economy, letting a competitive and outward-oriented private sector emerge. Executive Directors welcomed Algeria’s strong economic performance in recent years, with solid NH growth and low inflation.

Subject: Credit, Expenditure, Money, Oil prices, Prices, Public debt, Revenue administration

Keywords: CR, Credit, Exchange rate, Fresh food price, Global, Headline inflation, Inflation low, ISCR, Maghreb, MFD expert, Monetary policy, Oil prices, Public spending demand, Revenue

Publication Details

Pages:

40
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/057
Stock No:

1DZAEA2010001
ISBN:

9781451811605
ISSN:

1934-7685

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