Algeria : 2007 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Algeria

 
 
Publication Date: March 17, 2008
 
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Summary: Algeria’s external position has strengthened. Algeria’s encouraging economic performances in recent years, reflecting market-oriented reforms and prudent macroeconomic policies in a favorable external environment, are discussed. The main challenges faced by Algeria are to ensure sustained high productivity and nonhydrocarbon growth and to lower further the still-high unemployment. In this context, Executive Directors' welcomed the recent increase in the reserve requirement rate. Gradual steps to reduce exemptions, improve VAT design, and eliminate the turnover tax would contribute importantly to improving the business climate.
 
Series: Country Report No. 08/103
Subject(s): Economic growth | Economic indicators | Economic reforms | Economic stabilization | Exchange rate policy | Exchange rate regimes | Balance of payments statistics | Article IV consultation reports | Algeria | Economic conditions | Nonoil sector | Monetary policy | Public information | Oil prices | Staff Reports

 
English
Publication Date: March 17, 2008
ISBN/ISSN: 9781451811568/1934-7685 Format: Paper
Stock No: 1DZAEA2008002 Pages: 41
Price:
US$18.00 (Academic Rate:
US$18.00 )
 
 
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