{
  "title": "Algeria: Staff Report for the 2002 Article IV Consultation",
  "publication": "IMF Staff Country Reports, March 12, 2003",
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  "summary": "This 2002 Article IV Consultation highlights that the overall budget balance of Algeria weakened in 2001 and the first half of 2002. This deterioration mainly reflected higher spending and a decline in hydrocarbon revenues owing to a reduction in volumes and prices.",
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    {
      "heading": "Fiscal outcome and hydrocarbon revenues",
      "content": "- The overall budget balance of Algeria weakened in 2001 and the first half of 2002.\n- Deterioration mainly reflected higher spending and a decline in hydrocarbon revenues owing to a reduction in volumes and prices.\n- The overall balance dropped from a surplus of 9.8 percent of GDP in 2000 to a surplus of 3.4 percent of GDP in 2001.\n- The overall balance moved to a small deficit in the first half of 2002."
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      "heading": "Structural reforms and public sector measures",
      "content": "- Some progress achieved in two areas:\n  - Economic liberalization.\n  - Privatization/public sector restructuring."
    },
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      "heading": "Subject coverage and keywords",
      "content": "- Subject: Banking, Economic sectors, Expenditure, External debt, Inflation, Oil prices, Prices, Public enterprises, Structural reforms\n- Keywords: CR, euro exchange rate vis-à-vis, hydrocarbon export, hydrocarbon export proceeds, IMF staff estimate, IMF staff representative, Inflation, inflation rate, ISCR, Oil prices, Public enterprises, report, staff appraisal, stronger-than-expected hydrocarbon export volume\n\n---\n\n Content in this bundle\n\n- cr0368\n  - cr0368 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr0368 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: March 12, 2003",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451811384.002",
    "The overall budget balance of Algeria weakened in 2001 and the first half of 2002.",
    "Deterioration mainly reflected higher spending and a decline in hydrocarbon revenues owing to a reduction in volumes and prices.",
    "The overall balance dropped from a surplus of 9.8 percent of GDP in 2000 to a surplus of 3.4 percent of GDP in 2001.",
    "The overall balance moved to a small deficit in the first half of 2002.",
    "Some progress achieved in two areas:",
    "Subject: Banking, Economic sectors, Expenditure, External debt, Inflation, Oil prices, Prices, Public enterprises, Structural reforms",
    "Keywords: CR, euro exchange rate vis-à-vis, hydrocarbon export, hydrocarbon export proceeds, IMF staff estimate, IMF staff representative, Inflation, inflation rate, ISCR, Oil prices, Public enterprises, report, staff appraisal, stronger-than-expected hydrocarbon export volume",
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