Algeria: 2011 Article IV Consultation: Staff Report; Public Information Notice

January 31, 2012

Preview Citation

Format: Chicago

Algeria: 2011 Article IV Consultation: Staff Report; Public Information Notice, (USA: International Monetary Fund, 2012) accessed November 24, 2024

Summary

This 2011 Article IV Consultation reports that despite an uncertain international economic environment, the Algerian economy has been doing relatively well. Real nonhydrocarbon GDP growth in 2010 reached 6 percent and total GDP growth was 3 percent. Executive Directors have welcomed Algeria’s overall good economic performance in recent years amid a difficult international economic environment. Nevertheless, they noted that significant challenges persist, and have encouraged the authorities to renew their efforts to preserve macroeconomic stability, restore fiscal prudence, and diversify the economy with a stronger private sector.

Subject: Budget planning and preparation, Credit, Current spending, Expenditure, Money, Oil prices, Prices, Public financial management (PFM)

Keywords: Algeria, Break-even price, Budget planning and preparation, CR, Credit, Current spending, Economy, Fresh food price, GDP, Global, Hydrocarbon GDP growth, ISCR, Maghreb, MFD expert, Nonfood inflation, Oil prices, Price, Stabilization fund

Publication Details

Pages:

41
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/020
Stock No:

1DZAEA2012001
ISBN:

9781463934446
ISSN:

1934-7685

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