Tag: hydrocarbon

IMF Expresses Concern over Impact of Lower Oil on Algerian Economy

March 21, 2017

“Algeria continues to face important challenges posed by lower oil prices (…) and growth in the nonhydrocarbon sector slowed under the effects of spending cuts”, ... Read More

Algeria’s Trade Deficit Widens as Low Oil Prices Continue

November 27, 2016

The drop in oil prices has taken a heavy toll on Algeria’s budget revenues with the trade deficit expanding to 15.8 billion dollars as of ... Read More

Algeria: The country is in a “difficult” economic situation, PM Sellal

September 22, 2015

Algeria would be facing a challenging period in the upcoming years as the low hydrocarbon prices will affect the country’s income. The statement was not ... Read More

Libya urges for Indian investment

May 20, 2013

The Libyan ambassador to India, Ali Al-Issawi, said they have solicited India’s support in order to learn from its experience in drafting a constitution and ... Read More

Mauritania/Algeria: the High Joint Cooperation Commission

March 19, 2013

Noaukchott is hosting the 11th session of the Algerian-Mauritanian follow-up Committee in preparation for the 17th High Joint Cooperation Commission co-chaired by Prime Minister Abdelmalek ... Read More