Algeria: Heightened uncertainties relating to leadership

GDP growth, already low, further

impacted by weak oil prices.

The general outlook increases risks of

commercial disruption and insolvencies.

Inflationary pressures monitored closely.

Fiscal deficits have deteriorated. Weak

revenue generation and public spending

patterns prevent marked improvements.

Public debt levels are comfortable�

�but external accounts are under

pressure.

External debt obligations are comfortable.

High FX reserves and import cover.

Political uncertainties heighten risks.



Algeria: Heightened uncertainties relating to leadership - Report