Posted by: APO | 2 June 2017

IMF Executive Board Concludes 2017 Article IV Consultation with Algeria

On May 26, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the 2017 Article IV consultation[1] with Algeria. Algeria continues to face important challenges posed by lower oil prices. Overall economic activity was resilient, but growth in the nonhydrocarbon sector slowed to 2.9 percent in 2016, partly under the effects of spending cuts. Inflation increased from 4.8 percent… Read more on


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