Algeria Macroeconomic Projection Model (AMPM)

IMF Working Paper 2026 Open access

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Authors: Mustapha Abderrahim, Riad Mansouri, Fatma Zohra Ouaïl, Sara Abadi, Kenza Elkrim, Mohamed-Fariz Zidane, Philippe Karam, Gyorgy Molnar, Karel Musil, Valeriu Nalban
DOI: 10.5089/9798229038379.001
Cited by: 0

Abstract

The paper describes QMPM, the Quarterly Projection Model for the Bank of Algeria that underpins the Bank’s Forecasting and Policy Analysis System. The model is designed to capture the key features of the economy, including the importance of the hydrocarbon sector, sizable fiscal policy impacts, monetary-fiscal interactions, a monetary aggregate targeting policy framework, and a managed exchange rate regime. Model-based analytical exercises demonstrate that AMPM displays both theoretical consistency and a robust data fit, confirming its practicality for conducting real-time policy analysis, forecasts, and risk scenarios in support of the Bank of Algeria’s policy processes.

Fields of Study & Subjects

Monetary Policy and Economic Impact Global Financial Crisis and Policies Forecasting Techniques and Applications

Publication details

Journal / source
IMF Working Paper
Volume
2026
Issue
025
Pages
1–1
Publication date
1 February 2026
Language
EN