02027cas a2200289 a 4500 AALejournalIMF022218 230101c9999 xx r poo 0 0eng d 5.00 USD 9781616357948 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Middle East and Central Asia Dept. Algeria : 2021 Article IV Consultation-Press Release; and Staff Report; and Statement by the Executive Director for Algeria. Washington, D.C. : International Monetary Fund, 2021. 1 online resource (86 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 concomitant Covid-19 pandemic and oil price shock in 2020 have taken a heavy toll on the Algerian economy and the population. The authorities' response helped mitigate the social and economic impact of the crisis. Nevertheless, the crisis exacerbated the Algerian economy's vulnerabilities, making even more urgent the need for a new, more inclusive and sustainable, growth model. A recovery is underway in 2021, but the outlook remains challenging. While the recent rebound in hydrocarbon prices should buoy the recovery and ease immediate financing constraints, addressing long-standing structural challenges will help to realize Algeria's vast growth potential for the benefit of its population. Mode of access: Internet International Agreements and Observance imf International Organizations imf Monetary Policy imf Algeria imf IMF Staff Country Reports; Country Report ; No. 2021/253 Full text available on IMF http://elibrary.imf.org/view/journals/002/2021/253/002.2021.issue-253-en.xml IMF e-Library