Algeria : 2006 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Algeria.

Author/Editor:

International Monetary Fund

Publication Date:

February 22, 2007

Electronic Access:

Free Full Text (PDF file size is 483 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Algeria’s key challenges are to achieve sustained growth and reduce unemployment, while maintaining macroeconomic stability. This 2006 Article IV Consultation highlights that real GDP growth of Algeria temporarily declined to about 3 percent in 2006, largely because of a drop in hydrocarbon output for technical reasons. Inflation remained low through mid-year but is picking up. Monetary policy remained prudent, in line with the authorities’ objective of containing inflation. The Bank of Algeria continued to absorb most of the excess liquidity of the banking system through deposit auctions in 2006.

Series:

Country Report No. 07/72

Notes:

Also Available in French

English

Publication Date:

February 22, 2007

ISBN/ISSN:

9781451811537/1934-7685

Stock No:

1DZAEA2007002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

46

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