Algeria : Staff Report for the 2002 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

March 12, 2003

Electronic Access:

Free Full text (PDF file size is 1780 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2002 Article IV Consultation highlights that the overall budget balance of Algeria weakened in 2001 and the first half of 2002. This deterioration mainly reflected higher spending and a decline in hydrocarbon revenues owing to a reduction in volumes and prices. The overall balance dropped from a surplus of 9.8 percent of GDP in 2000 to a surplus of 3.4 percent of GDP in 2001 and to a small deficit in the first half of 2002. Regarding structural reforms, some progress has been achieved in two areas: economic liberalization and privatization/public sector restructuring.

Series:

Country Report No. 03/68

Subject:

English

Publication Date:

March 12, 2003

ISBN/ISSN:

9781451811384/1934-7685

Stock No:

1DZAEA0012003

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

54

Please address any questions about this title to publications@imf.org