IMF: Improvement of Algeria macroeconomic indicators in 2011 and 2012   Leave a comment


WASHINGTON- The International Monetary Fund (IMF) expects a significant improvement in macroeconomic indicators in Algeria for 2011 and 2012, essentially economic growth and balance of current accounts. In its report on 2011 global economic outlook released Monday to mark the upcoming Spring Meetings jointly with the World Bank, the Fund forecasts a higher growth of Algeria’s GDP, rising to 3, 6% in 2011 against 3.3% in 2010, with a forecast of 3.2% in 2012.

The fund also indicates that the current account of the country will experience a sharp increase from 9.4% of GDP in 2010 to 17.8% in 2011 to 17.4% in 2012.

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Posted April 14, 2011 by newworldconsulting in Uncategorized

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