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Economy / Algeria

Macroeconomic Forecast Morocco

July 2010 | Macroeconomic Forecasts

Economic growth in 2010 will increase to 3.1% in real terms, up from a 2.3% rate recorded in the previous year. Gross fixed capital formation will have the greatest contribution to Algeria's economic progress, with our projection seeing its growth rate coming in at 9.0% this year, after an estimated slowdown to 4.0% in 2009. The second major driver of growth is expected to be private demand, growing by 1.01% in 2010, despite the still high unemployment level.

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