Algeria

Background Paper

• Author(s): International Monetary Fund,
• Publisher: International Monetary Fund
• Pages: 97
• ISBN_10: 1451811322
  ISBN_13: 9781451811322
  
• Language: en
• Categories: Business & Economics / Infrastructure , Business & Economics / Investments & Securities / Commodities / Energy , Business & Economics / Industries / Energy ,

Description:... This paper provides information on some of the most salient aspects of Algeria’s economy as well as statistical information for the IMF staff report on the 1995 Article IV Consultation and Request for an Extended Arrangement. The paper also reviews the reforms that have been made to the social safety net over recent years. It also describes the shift away from a system of generalized subsidies, which has been inefficient and costly, to a system of targeted subsidies coupled with the introduction of a public works program and an unemployment insurance scheme.