The government in Algeria is caught between an expensive policy of food subsidies and a population dependent on food aid. It is trying to find a structural solution, but stumbling over the economic realities, our correspondent in the Maghreb writes. Algeria spends about 19 billion dollars on subsidies of basic commodities a year. Researchers argueContinue reading “Algeria Caught Between Economic Depression and Social Discontent”
Tag Archives: Algeria
World Bank Report on Algeria: The Truth Behind the Controversy
The latest monitoring report on the economic situation in Algeria by the World Bank proved controversial. Government representatives and media outlets objected to the findings published on December 22, writes our correspondent. In the report, the World Bank depicts a gloomy situation of the economy in Algeria, which not only was hit by the pandemicContinue reading “World Bank Report on Algeria: The Truth Behind the Controversy”