IMF Staff Country Reports

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

Author/Editor:

International Monetary Fund

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. 12/20

Subject:

Algeria Article IV consultation reports Banking sector Economic growth Economic indicators Fiscal policy Fiscal sustainability Hydrocarbons Oil revenues Public information notices Public investment Staff Reports Tax reforms Unemployment