IMF Staff Country Reports

Algeria: Selected Issues

February 5, 2014

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Algeria: Selected Issues, (USA: International Monetary Fund, 2014) accessed November 21, 2024

Summary

This Selected Issues paper examines the options and strategies for designing a fiscal framework for Algeria. It suggests that given the expected lifetime of hydrocarbon reserves, ensuring long-term sustainability and saving for future generations should be the priorities of fiscal policy. The fiscal framework also needs to be supported by an adequate institutional arrangement. Overall, the reserves management capacity should be strengthened. The budget law needs to incorporate the new fiscal rule and define the way to enforce it. For the sake of smooth transition, the management of the sovereign wealth fund should be the responsibility of the central bank, which already has the capacity and experience in reserves management.

Subject: Asset and liability management, Central bank policy rate, Credit, Financial services, Fiscal governance, Fiscal policy, Liquidity, Liquidity management, Money

Keywords: Algeria, Asia and Pacific, Central Asia, Central bank policy rate, Competitiveness in Algeria, Cost, CR, Credit, E. managing resource, East Asia, Eastern Europe, Exchange rate, Fiscal governance, Global, ICT cost, ICT sector, Import cost, ISCR, Liquidity, Liquidity management, Medium term, Monetary policy, Monetary policy effectiveness, Monetary policy transmission channels, Oil price, Price, Price competitiveness, Price rule, Productivity gain, Scores well, Staff team of the International Monetary Fund, Sub-Saharan Africa

Publication Details

  • Pages:

    59

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2014/034

  • Stock No:

    1DZAEA2014002

  • ISBN:

    9781475525984

  • ISSN:

    1934-7685