VOL. XXXIX

No. 19

5-February-1996

ALGERIA

Algeria Receives Satisfactory Grade From IMF On Reforms

The Managing Director of the International Monetary Fund (IMF), Mr. Michel Camdessus, has made a favorable assessment of Algeria's efforts to implement agreements with the IMF on economic reforms. During a visit to Algiers on 16 January, Mr. Camdessus said that "we are satisfied with the implementation of the accords between Algeria and the IMF, and notably their progress in circumstances...