Algeria: 2022 Article IV Consultation-Press Release; and Staff Report

Algeria: 2022 Article IV Consultation-Press Release; and Staff Report
READ MORE...
Volume/Issue: Volume 2023 Issue 068
Publication date: February 2023
ISBN: 9798400233463
$0.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
French
English
Prices in red indicate formats that are not yet available but are forthcoming.
Summary

Algeria’s economic recovery from the pandemic has been buoyed by the rise in international hydrocarbon prices. Fiscal and external surpluses are expected in 2022 for the first time in years. Inflation has nevertheless accelerated, as elsewhere, and has become a complex policy challenge. Monetary policy remained accommodative, while the dinar appreciated in the second half of the year. The authorities have gradually advanced on their structural reform agenda, with the enactment of a new law on investment, renewed efforts to accelerate digitalization, significant progress on tax and public finance management reforms, and a forthcoming revision to the central bank law.