IMF Sees Solid Economic Performance In Algeria
Algeria’s economic performance is expected to remain solid, with growth projected to reach 2.5% in 2012, supported by a buoyant non-hydrocarbon sector which is bolstered by public spending, the International Monetary Fund (IMF) said on 12 November, at the end of Article IV discussions. For 2013 growth is forecast to reach 3.4%, underpinned by domestic demand and a recovery in the hydrocarbon sector. The current...
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