Posted by: APO | 21 March 2017

IMF Staff Completes 2017 Article IV Mission to Algeria

– Algeria continues to face important challenges posed by lower oil prices. – Efforts to adjust to the oil price shock are underway. The authorities achieved a notable reduction in the fiscal deficit in 2016 and are seeking to reshape the country’s growth model. – Fiscal consolidation will need to be sustained as oil prices are expected to remain low. An International Monetary Fund (IMF) staff team… Read more on http://imf-fmi.africa-newsroom.com/press/imf-staff-completes-2017-article-iv-mission-to-algeria?lang=en


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