Algeria Economy Articles & Analysis

Chapter | Table of Contents from The Report: Algeria 2016

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Amid the constant change that has recently characterised North Africa, Algeria has charted a path of relative stability. This is largely due to vast oil and gas resources that have made it Africa’s fourth-largest economy.

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De nouveaux détails concernant la stratégie économique algérienne à long terme qui vise à réduire la dépendance du pays aux hydrocarbures ont été annoncés, offrant aux investisseurs davantage d’indications quant au cap pris par le pays dans un contexte de prix bas du pétrole.

What actions have been taken by the ministry to help diversify the economy?

Si les hydrocarbures constituent depuis longtemps la clé de voûte de l’économie algérienne, le ralentissement des exportations et de la production dû au vieillissement des champs pétroliers et à un contexte de prix bas du pétrole, a entrainé en 2016 une intensification des initiatives de diversification de l’économie du pays ainsi que l’adoption de mesures destinées à améliorer le climat des affaires.

 

What is the relationship between Tunisia and Algeria, specifically with respect to industry?

 

With traditional lending constrained by lower hydrocarbons receipts, public authorities are redoubling their efforts to develop Algeria’s capital markets. By encouraging listings on the country’s equity and debt markets, officials are looking to relieve pressure on the national Treasury and create new investment opportunities for financial...

 

As part of steps to reduce the country’s economic reliance on oil and gas production, Algeria’s parliament in mid-July 2016 passed a law aimed at attracting new private sector investment by modifying the national investment promotion framework, which dates from 2001. The law is due to be implemented by the end of 2016. In keeping with this...