Algeria : Staff Report for the 2004 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

February 15, 2005

Electronic Access:

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Summary:

Algeria’s 2004 Article IV Consultation reports that the fiscal expansion has contributed to job creation, but unemployment remains high. The vulnerability of public finances to oil price fluctuations has increased and monetary policy has helped to keep inflation under control. Sound management of high external inflows from hydrocarbon exports is the key to improve the outlook for private sector-driven economic growth and employment. The fiscal adjustment planned by the government will gradually bring the nonhydrocarbon primary deficit to a sustainable level.

Series:

Country Report No. 05/50

Subject:

Notes:

Also available online in French.

English

Publication Date:

February 15, 2005

ISBN/ISSN:

9781451811452/1934-7685

Stock No:

1DZAEA2005001

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

55

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