Algeria: Staff Report for the 2000 Article IV Consultation

Publication Date:

August 4, 2000

Electronic Access:

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Summary:

In 1994–98, Algeria was successful in restoring macroeconomic stability and implementing structural reforms. The fiscal position deteriorated in the first part of 1999, owing to low oil prices. Executive Directors supported the reform program introduced in early 2000, and welcomed its emphasis on accelerating reform of the banking and public sector companies but stressed the need for detailed implementation plans. The economic environment should be improved to promote private economic activity, including domestic and foreign investment. The authorities are urged to accelerate trade liberalization.

Series:

Country Report No. 2000/093

Subject:

Notes:

Included with the Staff Report are the text of Public Information Notice No. 00/54; a Report on the Observance of Standards and Codes on Banking Supervision; and a report on Recent Economic Developments.

English

Publication Date:

August 4, 2000

ISBN/ISSN:

9781451811360/1934-7685

Stock No:

1DZAEA0012000

Pages:

161

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