Algeria: 2026 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Algeria

International Monetary Fund

No 2026/252, IMF Staff Country Reports from International Monetary Fund

Abstract: The 2026 Article IV Consultation discusses that Algeria is seeking to enhance economic growth and resilience and diversify its economy away from hydrocarbons. In order to achieve this, the authorities are pursuing large foundational investment projects, import substitution and nonhydrocarbon export promotion policies, alongside reforms to enhance tax administration and public financial management, improve governance and the business environment, and to reduce informality through digitalization and tax-regime reforms. Algeria’s near-term outlook remains broadly positive, as strong gas demand, OPEC+ quota increases, and higher hydrocarbon prices are expected to modestly boost hydrocarbon output, notwithstanding limited spare production capacity. However, fiscal buffers have been depleted and external buffers have eroded, while large fiscal deficits continue to pose significant financing pressures. The hydrocarbon windfall provides an opportunity to rebuild buffers. Diversification efforts are continuing, notably in mining, agriculture, and nonhydrocarbon exports. Far-reaching reforms are needed to support stronger, more resilient, private sector-led growth.

Pages: 101
Date: 2026-09-21
New Economics Papers: this item is included in nep-ara
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.imf.org/en/publications/longres?sk=579770 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found

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:2026/252

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 ().