Algeria: Report on the Observance of Standards and Codes-Fiscal Transparency Module
International Monetary Fund
No 2005/068, IMF Staff Country Reports from International Monetary Fund
Abstract:
Algeria’s report on the Observance of Standards and Codes reviews the Fiscal Transparency Module. The Bank of Algeria (BA) does not apply multicurrency practices and does not require import deposits and there are, therefore, no quasi-fiscal activities in exchange regime-related operations. As for financial system-related operations, no bailouts have been carried out by the BA and there are no longer any caps on credit. Privatization procedures are characterized by considerable flexibility, which in practice limits transparency.
Keywords: ISCR; CR; government accounting officer; local government; government accounting requirement; government asset; government operation; annual budget; budget law; central government; decentralized authorities; government accounting framework; subsidy program; central bank; government entity; government guarantee; Budget planning and preparation; Fiscal law; Fiscal accounting and reporting; Global (search for similar items in EconPapers)
Pages: 32
Date: 2005-03-01
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