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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
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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...
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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...
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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
The 2022 Article IV Consultation with Algeria highlights that the upswing in hydrocarbon prices has alleviated pressures on public and external finances and the post-pandemic recovery has likely gathered pace. The prospects for 2023 are favorable but growth is projected to decelerate and...
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