Algeria

BMI View: We expect Algeria to maintain a strong defence against external shocks thanks to its swelling reserves. Foreign reserves should end the year at around US$97bn; further accumulation... 2007-10-31

BMI View: Algeria's economy is increasingly open to foreign investors, as evidenced by Emaar Properties' forthcoming US$20bn real estate project. Although corruption and red tape... 2007-10-29

BMI View: With the Algerian government using dinar appreciation as an anti-inflationary policy, we expect further short term appreciation for the

The IMF has recently focused attention on Algeria's woeful unemployment levels. A working paper published recently by the fund suggested that unemployment rates in Algeria could become... 2007-10-03

BMI View: We think Algeria is on a healthy real GDP growth trajectory and will post rates above 5% y-o-y from 2008 onwards. This is in no small part due to the hydrocarbons sector... 2007-10-03

BMI View: Although market orientation is currently a blight on the business environment of all the North African nations, we believe risks are very much to the upside. Indeed, serious... 2007-10-02

Algerian growth should average over 4.5% annually over the forecast period, underpinned by expansionary fiscal policy. Both the external and fiscal positions should remain robust... 2007-09-03

A 40% pay rise for public sector workers is one short term way in which the Algerian government is attempting to keep a lid on brewing social unrest in a country on the transition... 2007-08-23

While easing somewhat, the consumer price index measure of inflation still remains elevated in Algeria, coming in at 3.1% y-o-y in March, down from 3.4% y-o-y in the month previously... 2007-07-03

With the smooth passing of parliamentary polls in May as expected and the ruling coalition retaining its majority, we see little threat to policy continuity, although voter apathy... 2007-06-26