Algeria Headlines

Cash-strapped Algeria Continues to Spend Lavishly on Defense, SIPRI

As it heeds straight towards the depletion of its oil-money coffers, Algeria imposed austerity measures, cutting subsidies and introducing taxes, while maintaining lavish spending on armament unchanged. Algeria spent $1.686 billion on defense that is a 0.4% increase compared to last year, Stockholm International Peace Research Institute (Sipri) said in its latest report on global […]