Algeria: Selected Issues Paper

December 11, 2014

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Format: Chicago

Algeria: Selected Issues Paper, (USA: International Monetary Fund, 2014) accessed November 22, 2024

Summary

This Selected Issues paper discusses the need to meet Algeria’s fiscal challenges. Although Algeria enjoys substantial fiscal savings, fiscal policy is currently on an unsustainable path. Under current projections, Algeria will deplete its financial savings in the long term, leaving future generations worse off. To restore fiscal sustainability and ensure intergenerational equity, Algeria will need to undertake significant and sustained fiscal consolidation in the coming years. Successful fiscal consolidation will depend on both mobilizing more revenues and rationalizing expenditures. If done right, fiscal consolidation can restore sustainability while minimizing the impact on economic growth and enhancing equity.

Subject: Employment, Exports, International trade, Labor, Labor markets, Revenue administration

Keywords: Algeria, CR, Employment, Export, Exports, Global, Hydrocarbon export, Hydrocarbon revenue, IMF staff estimate, ISCR, Job creation, Labor force, Labor markets, Middle East, North Africa, Revenue

Publication Details

Pages:

69
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2014/342
Stock No:

1DZAEA2014005
ISBN:

9781484341407
ISSN:

1934-7685

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