Algeria’s Central Bank, trying to keep inflation under control, has put large amounts of money into circulation to cover the budget deficit and avoid relying on international lenders.
The country’s commitment to “economic nationalism” distinguishes it from neighbouring countries such as Tunisia and Egypt, which introduced reforms tied to loan deals from the International Monetary Fund.
For more information, please see https://thearabweekly.com/algeria-tries-temper-inflation-after-easy-money-policy
