Algeria Staff Report for the 2001 Article IV Consultation and Post-Program Monitoring Discussion

Since the outset of IMF-supported adjustment and reform program, Algeria has made substantial progress toward the restoration of macroeconomic stability and implemented a set of structural reforms. High hydrocarbon prices also contributed to a sharp improvement in the budget position. A prudent fisc...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2001
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Since the outset of IMF-supported adjustment and reform program, Algeria has made substantial progress toward the restoration of macroeconomic stability and implemented a set of structural reforms. High hydrocarbon prices also contributed to a sharp improvement in the budget position. A prudent fiscal stance and cautious easing of monetary conditions have led to a major strengthening of the balance of payments position and a large accumulation of official reserves. The authorities are urged to enhance transparency and strengthen the efforts to improve governance
Physical Description:57 pages
ISBN:9781451811377