Economy grows at 3 per cent in 2006, says IMF report
Algeria enjoyed economic growth of 3 per cent in 2006, according to the latest figures from the IMF. The non-hydrocarbons economy grew by 4.5 per cent, concluded a statement by the organisation to mark the conclusion of its latest article IV consultation. Non-oil GDP growth was underpinned by sustained activity in the construction sector and a good performance in agriculture, said the statement. The IMF estimated a year-end current account surplus of 24.5 per cent, up from 21 per ...
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