VOL. XLIV

No 42

15-October-2001

ALGERIA

HighOil Prices Behind Algerias Fiscal And External Improvement In 2000, Says IMF

Highhydrocarbon prices coupled with cautious financial policies led to furtherimprovements in Algerias fiscal and external position in 2000, including asubstantial accumulation of foreign exchange reserves, the IMF says in a staffreport on the country released in September after the completion of Article IVconsultations. After tighter demand management policy enabled the...