Algeria : Selected Issues and Statistical Appendix

Author/Editor:

International Monetary Fund

Publication Date:

February 10, 2004

Electronic Access:

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Summary:

Algeria remains heavily dependent on the hydrocarbon sector and still maintains a sizable and inefficient state-owned enterprise sector. Against this background, the paper addresses two different issues with important implications for macroeconomic stability in Algeria. The paper proposes the replacement of directed credit to large loss-making public enterprises with temporary and explicit budget subsidies. It also shows that money, volume of imports, and weather conditions have a strong impact on price movements in the short term, whereas the exchange rate has none.

Series:

Country Report No. 04/31

Subject:

English

Publication Date:

February 10, 2004

ISBN/ISSN:

9781451811391/1934-7685

Stock No:

1DZAEA0012004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

84

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