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Economy / Algeria

Macroeconomic Forecast Algeria

June 2012 | Macroeconomic Forecasts

BMI View: We project the government budget to fall into deficit to the tune of 2.9% and 6.8% of GDP, respectively, in 2012 and 2013, up from our estimate of 2.8% of GDP in 2011. The deficit will gradually increase over the medium term, averaging 6.6% over the 2013/17 period, as a result of lower projected hydrocarbon exports.

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