01717cas a2200241 a 4500 AALejournalIMF013387 230101c9999 xx r poo 0 0eng d 5.00 USD 9781589067479 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Middle East and Central Asia Dept. Algeria : 2012 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (64 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The economic condition of Algeria in 2012 is stable. Rising inflation, continued heavy reliance on the hydrocarbon sector and public spending, and vulnerability to a prolonged decline in the oil price, as well as high unemployment pose significant challenges. Explicitly considering an annual cap on drawdowns from the oil fund would strengthen the oil price fiscal rule. The importance of public financial management, shortcomings in the Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) framework, restrictive FDI, and full-fledged budget framework has been stressed. Measures taken for increasing employment have been outlined. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2013/047 Full text available on IMF http://elibrary.imf.org/view/journals/002/2013/047/002.2013.issue-047-en.xml IMF e-Library