Algeria: Social Model Unsustainable, Former Official

Algeria’s “social model” known for its significant subsidy program is “unsustainable even if oil prices go up because we have a problem of price but also a problem of volume.” The statement was made by Abdelatif Benachenhou, former finance minister and economic adviser to President Abdealziz Bouteflika, who said that the state spends around $45billion […]

Tindouf camps grapple with catastrophic coronavirus surge

The Algerian and Polisario militias have imposed a total blackout on the disastrous Covid-19 outbreak among those held against their will in Tindouf camps. After he tested positive for Covid-19, Polisario leader Ibrahim Ghali was rushed to Spain using an Algerian passport and a fake name while the thousands of Sahraouis held in the camps […]

Libyan economic loss in 10 years reached $600 billion, World Bank says 

A World Bank report released this week estimated that Libya’s economy suffered losses amounting to $600 billion over the past decade, calculated at 2015 constant values. These staggering losses underscore the severe impact of prolonged conflict and political instability on the nation’s economic potential. The report highlighted that without these disruptions, Libya could have achieved […]