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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...
Persistent link: https://www.econbiz.de/10014405111
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014405157
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014405462
KEY ISSUES Inflation has subsided, but longstanding vulnerabilities are becoming increasingly apparent. Economic growth is holding up well, inflation has fallen below the central bank’s target, and fiscal and external buffers remain large. But the economy’s dependence on the hydrocarbon...
Persistent link: https://www.econbiz.de/10014411760
Conclusions * Algeria will need to undertake significant and consistent fiscal consolidation to restore fiscal sustainability. In the wake of the crisis, Algeria expanded wages, subsidies, and transfers in an effort to address social demands. At the same time, revenues declined as a result of...
Persistent link: https://www.econbiz.de/10014411761
Persistent link: https://www.econbiz.de/10015078668
This country report provides a description of the emergence of a health care system under public responsibility in Algeria. The inception of the health care system refers to the first legislation stipulating entitlements to medical care. The report also includes a brief description of major...
Persistent link: https://www.econbiz.de/10014225650
Persistent link: https://www.econbiz.de/10000004729
Persistent link: https://www.econbiz.de/10000015912
This Selected Issues paper discusses designing a rules-based fiscal framework for Algeria. Algeria's government has set a number of fiscal reform priorities and aims to maintain prudent and sustainable policies. This paper discusses the design of a rules-based fiscal framework which could help...
Persistent link: https://www.econbiz.de/10015059726