Algeria : Staff Report for the 2002 Article IV Consultation

Publication Date: February 10, 2004
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Summary: The strong hydrocarbon export performance has allowed Algeria to strengthen its external position and record a budget surplus. Executive Directors commend the government for the broad improvement in macroeconomic indicators. The government has eased the fiscal stance, and this strategy has succeeded in boosting short-term growth. The surge in credit to the economy is a concern. Algeria should reinvigorate its structural and institutional reform efforts to put the economy on a sustainable path of higher growth, lower unemployment, improved social conditions, and reduced poverty.
Series: Country Report No. 04/33
Subject(s): Algeria | Article IV consultations | Economic conditions

Publication Date: February 10, 2004
ISBN/ISSN: 9781451811438/1934-7685 Format: Paper
Stock No: 1DZAEA0022004 Pages: 54
US$15.00 (Academic Rate:
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