ALGIERS, Dec. 13 (Xinhua) -- Algeria has been struggling to deal with the impact of a financial crisis caused by an oil price decline, by introducing a series of measures to diversify its oil -dependent economy. But these measures, including limiting imports, increasing public expenditure, and...
Algeria is seeking to diversify its economy and its exports amid the fall of oil price, as the North African nation's economy is fully dependent on oil revenues.
Algeria faces the herculean task of transforming its economy to meet the pressing demands of a young, growing, and increasingly restless population. Despite the country's favorable demographics, its economy remains almost entirely dependent on oil and natural gas, which account for 95 percent of mer...
News• Rebel alliance in Mali says it has freed a Spanish man who was kidnapped in Algeria•Jan. 21, 2025, 2:31 AM ET (ABC News (U.S.)) FromBen Bellato Boumedienne The human cost of the war remains unknown, particularly on the Algerian side. Some estimates put French military ...
By visiting Algeria, Wild Frontiers is slowly trying to help to build the tourism market, with all operational costs going directly into the local economy. This in turn generates tourism-related employment and supports the local communities. On this tour we use local ground handlers and...
In the call, Prince Mohammed “apologized for not being able to participate in the Arab Summit to be held on Nov. 1 in Algiers, in accordance with the recommendations of doctors who advise him not to travel,” the statement read.
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In order to lessen its reliance on global oil and gas demand, the government has made greater efforts since the mid-1990s to diversify the economy by attracting foreign and domestic investment outside the energy sector. In 2010, Algeria launched a five-year, $286 billion development programme...
This section offers news briefs pertaining to the International Monetary Fund (IMF). IMF managing director Christine Lagarde highlighted the economic progress of Algeria during her visit to the country on March 13, 2013. An IMF team visited Moroni, Comoros in March 2013 for discussions on the ...
Political Economy Development Policy Development Studies Political Sociology Political Science Editors Malika Bouziane (1) Cilja Harders (1) Anja Hoffmann (1) Editor Affiliations 1. Freie Universität Berlin Authors Naoual Belakhdar Continue...