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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Format: | eBook |
Language: | English |
Published: |
Washington, D.C.
International Monetary Fund
2001
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Series: | IMF Staff Country Reports
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Subjects: | |
Online Access: | |
Collection: | International Monetary Fund - Collection details see MPG.ReNa |
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 |
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Physical Description: | 57 pages |
ISBN: | 9781451811377 |