Middle East Economic Survey
VOL. LII
No 10
9-Mar-2009
ALGERIA
Algeria Must Accelerate Diversification To Insure Against Low Oil Prices, Says IMF
Algeria urgently needs to accelerate structural reforms to diversify its economy and boost non-hydrocarbon growth, in light of the collapse in international oil prices, the IMF said after concluding its annual Article IV consultation on 21 January. Non-hydrocarbon growth has been solid, inflation low and the countrys fiscal and external positions strong,...
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