Algeria: Selected Issues

Algeria: Selected Issues
ISBN-10
1475525982
ISBN-13
9781475525984
Series
Algeria
Category
Business & Economics
Pages
59
Language
English
Published
2014-02-05
Publisher
International Monetary Fund
Author
International Monetary Fund. Middle East and Central Asia Dept.

Description

This Selected Issues paper explores the monetary policy transmission channels in Algeria and analyzes available options to strengthen monetary policy effectiveness. High liquidity has been the hallmark of the Algerian monetary policy framework for most of the 2000s. The paper assesses the impact of monetary policy changes on its final targets—growth and inflation, and outlines policy options to strengthen the efficacy of monetary policy. It takes stock of Algeria’s current fiscal framework, and discusses options and strategies for a revised fiscal framework. Key principles for managing natural resource funds are also described.

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