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International Monetary Fund (IMF)
Source: International Monetary Fund (IMF) |

International Monetary Fund (IMF) Executive Board Concludes 2022 Article IV Consultation with Algeria

The rise in inflation is a major challenge, amid a loose monetary policy stance

On February 1, 2023, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Algeria and considered and endorsed the staff appraisal without a meeting [2] . The upswing in hydrocarbon prices has alleviated pressures on public and external finances and the post-pandemic recovery has likely gathered pace .…

International Monetary Fund (IMF)
Source: International Monetary Fund (IMF) |

IMF Staff Completes 2021 Article IV Consultation Mission to Algeria

The mission recommends a comprehensive and coherent package of fiscal, monetary, and exchange rate policies to reduce Algeria’s vulnerabilities

The Algerian authorities have implemented several measures to mitigate the impact of the Covid-19 pandemic and stepped up their vaccination campaign since July; There is urgent need for a recalibration of economic policies to address macroeconomic imbalances while protecting and enhancing support to the most vulnerable; Algeria’s transition to a…