Algeria: IMF Satisfied With Algeria's Economic and Financial Position

Algiers — The head of the IMF mission in Algeria Zeine Zeidane, said that Wednesday in Algiers that Algeria's economic and financial position is relatively favorable, while putting a stress on the importance of larger control of the budgetary deficit.

"The economic activity has strengthened in 2014 and the real GDP growth is expected to rise to 4% against 2.8% in 2013," Zeidane told a news conference held at the end of his consultation mission in Algeria, as part of the Article IV of IMF Status.

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