Macroeconomic Forecast Algeria

July 2006 | Macroeconomic Forecasts

BMI View: We remain bullish on the prospects for the Algerian economy in 2006, with growth expected to remain above 5%. Growth will be driven by public spending and increased structural reforms which will be funded by high hydrocarbon prices. The budget surplus will decrease slightly in 2006 to 9.6% of GDP, down from 10.4% last year due to the government's increased spending commitments, though there is a further downside risk given the recent extra spending commitments made by the government..

If you would like to subscribe to North Africa Monitor and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to North Africa Monitor please click on the trial link below.