ALGIERS- Minister of Finance Abderrahmane Raouya defended Monday the decision of Algeria to resort, since the end 2017, to unconventional financing to cover a part of public spending, reiterating that the country is “sovereign” in its economic and financial choices.

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WASHINGTON – The IMF said Wednesday that Algeria has taken "significant steps" in the past decade to improve the management of public investment but that which be strengthened to reconcile macroeconomic objectives and investment project planning.

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WASHINGTON- Algeria still has opportunities to get rid of its dependency on oil and establish a diversified economy thanks to an economic policy mix combining budget adjustment and growth, said Wednesday the International Monetary Fund (IMF).

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WASHINGTON- The International Monetary Fund (IMF) welcomed Friday the economic adjustment efforts carried out by the government to face the drop in oil prices, emphasizing its willingness to advance the reforms to boost a diversified economy, less dependent on hydrocarbon sector.

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WASHINGTON- The International Monetary Fund (IMF) expressed Friday its support to Algeria’s efforts aimed at increasing non-hydrocarbon revenues and improving public spending efficiency, welcoming the government’s willingness to advance the economic reforms.

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WASHINGTON- Finance Minister Abdarrahmane Raouya has participated in a meeting between the Managing Director of the International Monetary Fund (IMF), Christine Lagarde, and Arab Finance ministers and central bank governors.

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WASHINGTON- Algeria's overall fiscal deficit expected to gradually decline as of 2019 and stabilize in 2022, the International Monetary Fund (IMF) said in its Fiscal Monitor report, released Wednesday in Washington.

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IMF raises Algeria's growth forecasts

Tuesday, 17 April 2018 16:59

WASHINGTON – The International Monetary Fund (IMF) raised its Algeria’s economic growth forecasts for 2017 and 2018. This progress can be achieved as result of reduction of   the current account deficit.

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ALGIERS- The International Monetary Fund (IMF) shares the same assessment diagnosis of the Algerian economy as the public authorities, as well as the objectives that they set for its adjustment and transformation, affirmed Monday, in Algiers, a top official of this international institution.

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ALGIERS- Prime Minister Ahmed Ouyahia received Sunday, in Algiers, Chief of the Mission of the International Monetary Fund (IMF) for Algeria Jean-François Dauphin who is on a working visit to Algiers as part of the statutory relations between Algeria and the Fund, said a communiqué of the Prime Minister’s Office.

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