While the 2014-17 period saw the effectiveness of the import ban called into question and was marked by a significant drop in oil receipts, recovering commodity prices in 2018 appear to be bolstering both local business sentiment and economic growth prospects. The results of the second OBG Business Barometer: Algeria CEO Survey, gathered through face-to-face interviews with 90 of the country’s top executives, show that the general outlook is optimistic, with 73% expressing positive or very positive expectations of local business conditions in the coming 12 months, up from 61% in the November 2017 edition of the survey. For more information on the OBG Business Barometer, please visit www.oxfordbusinessgroup.com/ceosurveys.
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