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Blog: The Economics of Health and Well-Being

December 2, 2021
Just as good health—mental and physical—is fundamental to individual well-being, public health is fundamental to stable, cohesive societies.

Algeria at a Crossroads

December 2, 2021
The Algerian economy is gradually recovering from the initial impact of the pandemic and last year’s oil price shocks.

Blog: The G20 Common Framework for Debt Treatments Must Be Stepped Up

December 2, 2021
With the debt service suspension initiative expiring and interest rates poised to rise, low-income countries will find it increasingly difficult to service their debts.

Algeria: 2021 Article IV Consultation-Press Release; and Staff Report; and Statement by the Executive Director for Algeria

December 2, 2021
The concomitant Covid-19 pandemic and oil price shock in 2020 have taken a heavy toll on the Algerian economy and the population. The authorities’ response helped mitigate the social and economic impact of the crisis. Nevertheless, the crisis exacerbated the Algerian economy’s vulnerabilities, making even more urgent the need for a new, more inclusive and sustainable, growth model. A recovery is underway in 2021, but the outlook remains challenging. While the recent rebound in hydrocarbon prices should buoy the recovery and ease immediate financing constraints, addressing long-standing structural challenges will help to realize Algeria’s vast growth potential for the benefit of its population.

United Republic of Tanzania: Request for Disbursement under the Rapid Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for the United Republic of Tanzania

December 2, 2021
The COVID-19 pandemic has negatively impacted Tanzania’s macroeconomic outlook. The Tanzanian authorities are implementing a comprehensive emergency pandemic response plan to help mitigate the significant socioeconomic and health effects of the crisis, resulting in an ongoing urgent balance of payments need.

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