{
  "title": "Algeria: Selected Issues",
  "publication": "IMF Staff Country Reports, June 1, 2017",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2017/06/01/algeria-selected-issues-44961",
  "canonical": "https://www.imf.org/en/publications/cr/issues/2017/06/01/algeria-selected-issues-44961",
  "overlayPath": "/en/publications/cr/issues/2017/06/01/algeria-selected-issues-44961/index.md",
  "summary": "This Selected Issues paper discusses options for financing future fiscal deficits in Algeria. Algeria needs to undertake sustained fiscal consolidation to restore fiscal sustainability. The authorities should consider borrowing both domestically and externally to finance future fiscal deficits.",
  "publishDate": "2017-06-01",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Overview",
      "content": "- This Selected Issues paper discusses options for financing future fiscal deficits in Algeria.\n- Algeria needs to undertake sustained fiscal consolidation to restore fiscal sustainability.\n- The authorities should consider borrowing both domestically and externally to finance future fiscal deficits."
    },
    {
      "heading": "Key findings",
      "content": "- Increased government debt issuance would facilitate the development of domestic financial markets by creating a reliable yield curve that serves as a benchmark for private sector issuers.\n- External borrowing would mitigate crowding out effects.\n- External borrowing would strengthen international reserves, broaden the investor base, and raise awareness about Algeria’s economy."
    },
    {
      "heading": "Policy recommendations",
      "content": "- Undertake sustained fiscal consolidation to restore fiscal sustainability.\n- Consider increased domestic government debt issuance to develop domestic financial markets and establish a reliable yield curve for private sector benchmarking.\n- Consider external borrowing to mitigate crowding out, strengthen international reserves, broaden investor base, and raise international awareness of the economy.\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2017/06/01/algeria-selected-issues-44961"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/cr/issues/2017/06/01/algeria-selected-issues-44961/index.md)",
    "[Structured JSON version](/en/publications/cr/issues/2017/06/01/algeria-selected-issues-44961/index.json)",
    "[Bundle manifest](/en/publications/cr/issues/2017/06/01/algeria-selected-issues-44961/bundle-manifest.json)",
    "Published: June 1, 2017",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484302675.002",
    "This Selected Issues paper discusses options for financing future fiscal deficits in Algeria.",
    "Algeria needs to undertake sustained fiscal consolidation to restore fiscal sustainability.",
    "The authorities should consider borrowing both domestically and externally to finance future fiscal deficits.",
    "Increased government debt issuance would facilitate the development of domestic financial markets by creating a reliable yield curve that serves as a benchmark for private sector issuers.",
    "External borrowing would mitigate crowding out effects.",
    "External borrowing would strengthen international reserves, broaden the investor base, and raise awareness about Algeria’s economy.",
    "Undertake sustained fiscal consolidation to restore fiscal sustainability.",
    "Consider increased domestic government debt issuance to develop domestic financial markets and establish a reliable yield curve for private sector benchmarking.",
    "Consider external borrowing to mitigate crowding out, strengthen international reserves, broaden investor base, and raise international awareness of the economy.",
    "**Country Report**"
  ],
  "related": [
    {
      "title": "Country Report",
      "role": "report",
      "sourceUrl": "https://www.imf.org/-/media/files/publications/cr/2017/cr17142.pdf",
      "summary": {
        "path": "/-/media/files/publications/cr/2017/cr17142.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/files/publications/cr/2017/cr17142.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/cr/issues/2017/06/01/algeria-selected-issues-44961/index.md",
    "json": "/en/publications/cr/issues/2017/06/01/algeria-selected-issues-44961/index.json",
    "bundleManifest": "/en/publications/cr/issues/2017/06/01/algeria-selected-issues-44961/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-23T11:27:38.325Z"
}