Algeria : Staff Report for the 2002 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

February 10, 2004

Electronic Access:

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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:

English

Publication Date:

February 10, 2004

ISBN/ISSN:

9781451811438/1934-7685

Stock No:

1DZAEA0022004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

54

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