Algeria | Claims on central government (annual growth as % of broad money)

Claims on central government (IFS line 32AN..ZK) include loans to central government institutions net of deposits. Limitations and exceptions: Monetary accounts are derived from the balance sheets of financial institutions - the central bank, commercial banks, and nonbank financial intermediaries. Although these balance sheets are usually reliable, they are subject to errors of classification, valuation, and timing and to differences in accounting practices. For example, whether interest income is recorded on an accrual or a cash basis can make a substantial difference, as can the treatment of nonperforming assets. Valuation errors typically arise for foreign exchange transactions, particularly in countries with flexible exchange rates or in countries that have undergone currency devaluation during the reporting period. The valuation of financial derivatives and the net liabilities of the banking system can also be difficult. The quality of commercial bank reporting also may be adversely affected by delays in reports from bank branches, especially in countries where branch accounts are not computerized. Thus the data in the balance sheets of commercial banks may be based on preliminary estimates subject to constant revision. This problem is likely to be even more serious for nonbank financial intermediaries. Statistical concept and methodology: The banking system's assets include its net foreign assets and net domestic credit. Net domestic credit includes credit extended to the private sector and general government and credit extended to the nonfinancial public sector in the form of investments in short- and long-term government securities and loans to state enterprises; liabilities to the public and private sectors in the form of deposits with the banking system are netted out. Net domestic credit also includes credit to banking and nonbank financial institutions. Domestic credit is the main vehicle through which changes in the money supply are regulated, with central bank lending to the government often playing the most important role. The central bank can regulate lending to the private sector in several ways - for example, by adjusting the cost of the refinancing facilities it provides to banks, by changing market interest rates through open market operations, or by controlling the availability of credit through changes in the reserve requirements imposed on banks and ceilings on the credit provided by banks to the private sector.
Publisher
The World Bank
Origin
People's Democratic Republic of Algeria
Records
63
Source
Algeria | Claims on central government (annual growth as % of broad money)
1960
1961
1962
1963
1964
1965 7.06795302
1966 -6.01475317
1967 7.07734902
1968 8.73967493
1969 -3.75
1970 18.81937871
1971 -2.60803059
1972 -10.60682226
1973 -2.19416726
1974 -21.67763481
1975 9.4644936
1976 7.48192485
1977 10.84533529
1978 17.3163173
1979 -0.86571102
1980 6.96331991
1981 -10.23423385
1982 5.84861755
1983 9.17615491
1984 7.64979569
1985 1.99777112
1986 11.01089967
1987 7.78535434
1988 7.53171821
1989 2.41428157
1990 2.51373533
1991 -3.27504049
1992 13.56520271
1993 54.93336468
1994 -11.88942506
1995 -10.00136109
1996 -16.60695099
1997 14.56787504
1998 10.82594982
1999 9.03677939
2000 -11.64190876
2001 3.35789376
2002 -0.64910247
2003 -6.8204372
2004 -14.12218153
2005 -28.04819801
2006 -10.27742988
2007 -19.05675316
2008 -24.85647144
2009 0.17670222
2010 -0.8709926
2011 -3.80572778
2012 -2.51524755
2013 -0.30901019
2014 10.37699877
2015 20.49560192
2016 16.06574371
2017 15.496816
2018 10.41733979
2019 3.72405628
2020 11.91630224
2021 19.77511196
2022 0.11738645

Algeria | Claims on central government (annual growth as % of broad money)

Claims on central government (IFS line 32AN..ZK) include loans to central government institutions net of deposits. Limitations and exceptions: Monetary accounts are derived from the balance sheets of financial institutions - the central bank, commercial banks, and nonbank financial intermediaries. Although these balance sheets are usually reliable, they are subject to errors of classification, valuation, and timing and to differences in accounting practices. For example, whether interest income is recorded on an accrual or a cash basis can make a substantial difference, as can the treatment of nonperforming assets. Valuation errors typically arise for foreign exchange transactions, particularly in countries with flexible exchange rates or in countries that have undergone currency devaluation during the reporting period. The valuation of financial derivatives and the net liabilities of the banking system can also be difficult. The quality of commercial bank reporting also may be adversely affected by delays in reports from bank branches, especially in countries where branch accounts are not computerized. Thus the data in the balance sheets of commercial banks may be based on preliminary estimates subject to constant revision. This problem is likely to be even more serious for nonbank financial intermediaries. Statistical concept and methodology: The banking system's assets include its net foreign assets and net domestic credit. Net domestic credit includes credit extended to the private sector and general government and credit extended to the nonfinancial public sector in the form of investments in short- and long-term government securities and loans to state enterprises; liabilities to the public and private sectors in the form of deposits with the banking system are netted out. Net domestic credit also includes credit to banking and nonbank financial institutions. Domestic credit is the main vehicle through which changes in the money supply are regulated, with central bank lending to the government often playing the most important role. The central bank can regulate lending to the private sector in several ways - for example, by adjusting the cost of the refinancing facilities it provides to banks, by changing market interest rates through open market operations, or by controlling the availability of credit through changes in the reserve requirements imposed on banks and ceilings on the credit provided by banks to the private sector.
Publisher
The World Bank
Origin
People's Democratic Republic of Algeria
Records
63
Source