Algeria: Staff Report for the 2001 Article IV Consultation and Post-Program Monitoring Discussion

Publication Date:

September 19, 2001

Electronic Access:

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Summary:

Since the outset of IMF-supported adjustment and reform program, Algeria has made substantial progress toward the restoration of macroeconomic stability and implemented a set of structural reforms. High hydrocarbon prices also contributed to a sharp improvement in the budget position. A prudent fiscal stance and cautious easing of monetary conditions have led to a major strengthening of the balance of payments position and a large accumulation of official reserves. The authorities are urged to enhance transparency and strengthen the efforts to improve governance.

Series:

Country Report No. 2001/162

Subject:

English

Publication Date:

September 19, 2001

ISBN/ISSN:

9781451811377/1934-7685

Stock No:

1DZAEA0012001

Pages:

57

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