Algeria : 2011 Article IV Consultation: Staff Report; Public Information Notice

This 2011 Article IV Consultation reports that despite an uncertain international economic environment, the Algerian economy has been doing relatively well. Real nonhydrocarbon GDP growth in 2010 reached 6 percent and total GDP growth was 3 percent. Executive Directors have welcomed Algeria's overall good economic performance in recent years amid a difficult international economic environment. Nevertheless, they noted that significant challenges persist, and have encouraged the authorities to renew their efforts to preserve macroeconomic stability, restore fiscal prudence, and diversify the economy with a stronger private sector.
Publication date: January 2012
ISBN: 9781463934446
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Money and Monetary Policy , International - Economics , Public Policy , expenditure , public spending , capital expenditure , expenditures , public expenditure , expenditure growth , government expenditure , medium-term fiscal sustainability , tax administration , fiscal policy , medium-term fiscal framework , fiscal position , fiscal consolidation

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