IMF Staff Country Reports

Algeria: 2011 Article IV Consultation: Staff Report; Public Information Notice

Publication Date:

January 31, 2012

Electronic Access:

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Summary:

This 2011 Article IV Consultation reports that despite an uncertain international economic environment, the Algerian economy has been doing relatively well. Real nonhydrocarbon GDP growth in 2010 reached 6 percent and total GDP growth was 3 percent. Executive Directors have welcomed Algeria’s overall good economic performance in recent years amid a difficult international economic environment. Nevertheless, they noted that significant challenges persist, and have encouraged the authorities to renew their efforts to preserve macroeconomic stability, restore fiscal prudence, and diversify the economy with a stronger private sector.

Series:

Country Report No. 2012/020

Subject:

Budget planning and preparation Credit Current spending Expenditure Money Oil prices Prices Public financial management (PFM)