Middle East Economic Survey

VOL. LIV

No 6

7-Feb-2011

ALGERIA

IMF Says Algeria Managed To Mitigate The Effects Of Global Financial Crisis

Algeria has managed to weather the effects of the international crisis relatively well, according to the International Monetary Fund (IMF) in its latest Article IV consultation published on 26 January. Real GDP growth in 2010 is projected at 3.3%, with non-hydrocarbon real GDP estimated at 5.3%, and projections for 2011 are almost at the same level as in...