| Description |
1 online resource (67 pages) : color illustrations |
| Series |
IMF country report ; no. 16/128 |
|
IMF country report ; no. 16/128.
|
| Contents |
Structural model for Algeria -- Subsidy reform in Algeria -- The financial stability implications of lasting low oil prices for Algeria |
| Summary |
The sudden and sharp decline in oil prices presents important challenges for macroeconomic performance and financial stability in Algeria. Algeria's economy is highly dependent on hydrocarbons for growth, budget revenues, and exports. The nonhydrocarbon sector, consisting largely of industry and services, is driven by public spending financed by hydrocarbonsrevenues, and therefore its performance is also highly correlated with oil prices. The collapse in oil prices has exacerbated an already unsustainable fiscal position and swung once-comfortable current account surpluses into deep deficit |
| Notes |
"May 2016." |
|
"April 29, 2016; approved by the Middle East and Central Asia Department; prepared by Andrew Jewell and Moez Souissi"--page 2 of pdf |
| Bibliography |
Includes bibliographical references |
| Notes |
Description based on online resource; title from pdf title page (IMF.org website, viewed May 20, 2016) |
| Subject |
International Monetary Fund -- Algeria
|
| SUBJECT |
International Monetary Fund. fast (OCoLC)fst00556666 |
| Subject |
Fiscal policy -- Algeria
|
|
Petroleum products -- Prices -- Algeria
|
|
Expenditures, Public.
|
|
Economic policy.
|
|
Expenditures, Public.
|
|
Fiscal policy.
|
|
Petroleum products -- Prices.
|
|
Exchange rate.
|
|
Exchange.
|
|
Monetary fund.
|
|
Oil price.
|
| SUBJECT |
Algeria -- Economic policy
|
| Subject |
Algeria.
|
|
Algeria.
|
|
Middle East.
|
| Form |
Electronic book
|
| Author |
Souissi, Moez, author, (IMF staff)
|
|
International Monetary Fund. publisher.
|
|
International Monetary Fund. Middle East and Central Asia Department, sponsoring body.
|
| ISBN |
148435835X |
|
9781484358351 |
| ISSN |
1934-7685 |
|
