## Algeria: 2026 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Algeria

_IMF Staff Country Reports, September 21, 2026_

## Source details

**Canonical URL:** [Algeria: 2026 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Algeria](https://www.imf.org/en/publications/cr/issues/2026/09/21/algeria-2026-article-iv-consultation-press-release-staff-report-and-statement-by-the-579770)

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## Bibliographic details
- Published: September 21, 2026
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229061285.002

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### Executive summary
- Algeria is seeking to enhance economic growth and resilience and diversify its economy away from hydrocarbons.
- Authorities are pursuing large foundational investment projects, import substitution and nonhydrocarbon export-promotion policies.
- Reforms underway include enhancements to tax administration and public financial management, improvements in governance and the business environment, and measures to reduce informality through digitalization and tax-regime reforms.
- These efforts have supported diversification and robust growth, although large fiscal deficits have eroded fiscal and external buffers and increased financing pressures.

### Policy measures and reform agenda
- Large foundational investment projects aimed at supporting structural transformation and growth.
- Import substitution policies to reduce external vulnerabilities.
- Nonhydrocarbon export-promotion policies to diversify export base.
- Reforms to:
  - Enhance tax administration.
  - Improve public financial management (PFM).
  - Improve governance and the business environment.
  - Reduce informality through digitalization and tax-regime reforms.

### Macroeconomic outcomes and risks
- Diversification efforts have supported robust growth.
- Large fiscal deficits have:
  - Eroded fiscal buffers.
  - Eroded external buffers.
  - Increased financing pressures.

### Publication metadata and identifiers
- Subject: Exchange rates, Expenditure, Foreign exchange, Government debt management, Public debt, Public financial management (PFM)
- Pages: 101
- Volume: 2026
- Issue: 252
- Series: Country Report No. 2026/252
- DOI: https://doi.org/10.5089/9798229061285.002
- Stock No: 1DZAEA2026001
- ISBN: 9798229061285
- ISSN: 1934-7685
- Publication date: September 21, 2026

*International Monetary Fund. Algeria: 2026 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Algeria. IMF Staff Country Reports 2026, 252 (2026).*

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_Source: https://www.imf.org/en/publications/cr/issues/2026/09/21/algeria-2026-article-iv-consultation-press-release-staff-report-and-statement-by-the-579770_