European Parliament Library

Algeria :, 2008 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Algeria

Algeria has enjoyed several years of strong economic performance, but continues to face important challenges. This 2008 Article IV Consultation highlights that economic performance of Algeria has remained relatively favorable in 2008. The outlook remains encouraging despite the challenging international environment. Executive Directors have welcomed Algeria’s strong economic performance in recent years, with solid nonhydrocarbon growth and low inflation. They have also commended the authorities for their sound policy stance that has enabled the accumulation of large external reserves and resources in the oil stabilization fund
Table Of Contents
Cover; Contents; Executive Summary; I. Background and Recent Developments; A. Background; B. Recent Developments; II. Global Financial Crisis, Outlook and Risks; A. Impact of the Crisis; B. Outlook and Risks; III. Policy Discussions; A. Fiscal policy; B. Monetary and Exchange Rate Policy; C. Structural Reforms; IV. Staff Appraisal; Boxes; 1. Impact of Global Crisis; 2. Algeria's Management of Oil Wealth; 3. Exchange Rate Assessment and Competitiveness; Figures; Panel A. Algeria's Macroeconomic Situation is Stable, but the Economy Remains Uncompetitive
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (41 p.)
Specific Material Designation
Form Of Item

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