The IMF Country Reports Series covers economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with officials of the country, is published at the option of the member.
Algeria's report on the Observance of Standards and Codes reviews the Fiscal Transparency Module. The Bank of Algeria (BA) does not apply multicurrency practices and does not require import deposits and there are, therefore, no quasi-fiscal activities in exchange regime-related operations. As for financial system-related operations, no bailouts have been carried out by the BA and there are no longer any caps on credit. Privatization procedures are characterized by considerable flexibility, which in practice limits transparency.