Algeria: Selected Issues Paper

Publication Date:

December 11, 2014

Electronic Access:

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Summary:

This Selected Issues paper discusses the need to meet Algeria’s fiscal challenges. Although Algeria enjoys substantial fiscal savings, fiscal policy is currently on an unsustainable path. Under current projections, Algeria will deplete its financial savings in the long term, leaving future generations worse off. To restore fiscal sustainability and ensure intergenerational equity, Algeria will need to undertake significant and sustained fiscal consolidation in the coming years. Successful fiscal consolidation will depend on both mobilizing more revenues and rationalizing expenditures. If done right, fiscal consolidation can restore sustainability while minimizing the impact on economic growth and enhancing equity.

Series:

Country Report No. 2014/342

Subject:

English

Publication Date:

December 11, 2014

ISBN/ISSN:

9781484341407/1934-7685

Stock No:

1DZAEA2014005

Pages:

69

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