Why Algeria’s Economy Is Growing Faster Than The World According To The IMF

article Algeria’s economy is growing faster than the world’s economies and its growth rate is accelerating at the fastest pace in Africa, according to a report by the International Monetary Fund.

The report published Thursday by the World Bank says Algeria’s GDP grew by 8.5% in the second quarter of this year and is on track to reach 5.9% by the end of 2020.

The IMF said the country’s economy grew at an annual rate of 7.2% in 2016, well ahead of its growth target of 6.7% for 2020.

The IMF also said Algeria is one of the fastest growing economies in sub-Saharan Africa, with its gross domestic product growing at a 7.7 percent annual rate in the third quarter of 2018.

The country’s unemployment rate dropped to 6.3% in January, from 6.9%.

Algeria has been plagued by political and economic instability, with political unrest, protests and strikes affecting a large part of the population.