Algeria’s economic foundations are showing serious cracks, including an unsustainable fiscal system, rigid economic structure, dependence on oil and mounting external vulnerabilities, the IMF warned in a new report. The budget deficit expanded to 13.9% of GDP in 2024, one of the highest in the region, the IMF said, noting that this sharp deterioration stems […]
In accordance with Royal guidance, the government has elaborated a draft budget that provides for special measures to keep jobs, promote youth employment, generalize health insurance and reform civil service. The government, which examined the draft budget in its council, said in a statement that priority is attached to shoring up the economy through offering […]
The Peace and Security Council (PSC) of the African Union (AU) underscored the importance of integrating environmental and climate dimensions, including agricultural adaptation, into peace, security, and development strategies in Africa. In a communiqué issued on Saturday following a meeting on “Climate Change: Challenges to Peace and Security in Africa,” held recently under the chairmanship […]
