First Independent Mena Newspaper
Algeria’s 2024 budget confirms the country is bent on maintaining a model of rent distribution to buy social peace, wherein the state continues to use oil and gas money in non-productive spending while shunning reforms that could put the economy on a competitive track conducive to a welfare state. Buying social peace by bolstering wages […]
The Algerian military regime which has been ruling behind a thin civilian curtain has long used its gas and oil money to buy social peace and quell dissent. But, with the fall in oil prices and the depletion of state coffers, Algerian citizens felt the pain of a dwindling purchasing power which augurs ill for […]