VOL. XXXI

NO. 50

19-SEPTEMBER-1988

Financial and Banking News

BUDGETS AND REVENUES

Algerian Economy Grows despite Restructuring

A recent study of the Algerian economy prepared by the North African Divisionof the International Monetary Fund (IMF) indicates that despite the stricturesof an economic restructuring program, real GDP grew at a provisional rate of 1%during 1987. The IMF study reveals that inflationary pressures eased, with theconsumer price index rising by only 7.5% in 1987, compared with...