Algeria Economy Articles & Analysis

Chapter | Table of Contents from The Report: Algeria 2017

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The collapse in oil prices has weighed on the Algerian economy, giving rise to twin deficits in the budget and current account. In mid-2016 the government introduced a bold medium-term plan that targets a balanced budget by 2020, alongside a new growth model with a strategy for economic development and diversification by 2030. These moves have coincided with the private sector playing a much stronger role in the economy.

Displaying 1 - 6 of 157

 

Under the constitution Algeria is a presidential republic. The head of state is the president, who is elected for five-year terms. A rule limiting presidents to two consecutive terms in power was abolished by constitutional amendments passed in 2008, but reintroduced in 2016. However the detail of the reinstatement effectively allows the...

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LANGUAGE: Modern Standard Arabic is used in schools, government offices and the media. In practice, Darja, the local Algerian dialect of Arabic, is more commonly used and varies from one region to another. French is frequently spoken in business, though this is less true outside Algeria’s main urban...

 

The oil price-induced economic difficulties facing Algeria may prove to be a double-edged sword: although the added pressures are certain to slow the rate of improvement in living standards and have already begun to strain public finances, the new circumstances also provide a pressing incentive for the country to slowly wean itself off its...

 

How does the FCE help strengthen relations between local businesses and foreign companies?

 

Small and medium-sized enterprises (SMEs) predominate among Algerian firms, forming the backbone of the private sector. At end-2016 Algeria’s 1m SMEs employed more than 2.5m people and engaged in some AD75bn ($622.1m) in bilateral trade. According to the Ministry of Industry, Algeria created an average of 60,000 SMEs per year in the 2012-15...