Algeria: Staff Report for the 2002 Article IV Consultation

International Monetary Fund

No 2003/068, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2002 Article IV Consultation highlights that the overall budget balance of Algeria weakened in 2001 and the first half of 2002. This deterioration mainly reflected higher spending and a decline in hydrocarbon revenues owing to a reduction in volumes and prices. The overall balance dropped from a surplus of 9.8 percent of GDP in 2000 to a surplus of 3.4 percent of GDP in 2001 and to a small deficit in the first half of 2002. Regarding structural reforms, some progress has been achieved in two areas: economic liberalization and privatization/public sector restructuring.

Keywords: ISCR; CR; hydrocarbon export proceeds; stronger-than-expected hydrocarbon export volume; inflation rate; report; hydrocarbon export; staff appraisal; IMF staff representative; euro exchange rate vis-à-vis; IMF staff estimate; Oil prices; Inflation; Public enterprises (search for similar items in EconPapers)
Pages: 54
Date: 2003-03-12
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=16413 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2003/068

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().