Middle East Economic Survey

VOL. LIII

No 10

8-March-2010

ALGERIA

Algeria Faces Medium Term Economic Challenges, Says IMF

Algeria has enjoyed several years of strong economic performance driven by public spending, but continues to face important challenges, the International Monetary Fund (IMF) says in its conclusion to the 2009 Article IV Consultation with Algeria, published on 23 February. Non-hydrocarbon growth has been robust, inflation low and the government has accumulated large savings in...