Algeria: Staff Report for the 2004 Article IV Consultation

February 15, 2005

Preview Citation

Format: Chicago

Algeria: Staff Report for the 2004 Article IV Consultation, (USA: International Monetary Fund, 2005) accessed November 21, 2024

Also available in: français

Summary

Algeria’s 2004 Article IV Consultation reports that the fiscal expansion has contributed to job creation, but unemployment remains high. The vulnerability of public finances to oil price fluctuations has increased and monetary policy has helped to keep inflation under control. Sound management of high external inflows from hydrocarbon exports is the key to improve the outlook for private sector-driven economic growth and employment. The fiscal adjustment planned by the government will gradually bring the nonhydrocarbon primary deficit to a sustainable level.

Subject: Economic sectors, Expenditure, External debt, Financial institutions, Public debt, Public enterprises, State-owned banks

Keywords: Authorities' effort, Authorities' readiness, Authority, Capital expenditure, CR, Debt, Enterprise, Global, ISCR, Maghreb, Medium-term strategy, Middle East, North Africa, Public enterprises, Public enterprises restructuring, Repayment policy, State-owned banks

Publication Details

Pages:

55
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/050
Stock No:

1DZAEA2005001
ISBN:

9781451811452
ISSN:

1934-7685

Notes

Also available online in French.

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