Algeria: Background Paper

International Monetary Fund

No 1995/054, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper provides information on some of the most salient aspects of Algeria’s economy as well as statistical information for the IMF staff report on the 1995 Article IV Consultation and Request for an Extended Arrangement. The paper also reviews the reforms that have been made to the social safety net over recent years. It also describes the shift away from a system of generalized subsidies, which has been inefficient and costly, to a system of targeted subsidies coupled with the introduction of a public works program and an unemployment insurance scheme.

Keywords: ISCR; CR; right; government; enterprise; wage; wage expenditure; central government; bill development; social housing policy; financial situation; hydrocarbon revenue; general government employment; wage drift; construction enterprise; wage bill development; local government; consumer demand; Housing; Oil; Natural gas sector; Public employment; Middle East; North Africa; East Africa (search for similar items in EconPapers)
Pages: 97
Date: 1995-07-20
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