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 […]
Sensing the social implosion is imminent after simmering for a while, the Algerian authorities resorted to scare tactics in a bid to continue clinging to power, hoping desperately to maintain the status quo. The Algerian state TV has broadcast lately special reports showing horrible, painful and shocking images of the bloody civil war in Algeria. […]
