Oil and gas production continues to dominate the Algerian economy, accounting for almost all of exports, close to half of government revenue and over a third of GDP. In recent years non-hydrocarbons GDP has outstripped wider economic growth, though this is largely driven by public spending rather than private sector activity.
The government, flush with revenues from sustained high oil prices, is investing in infrastructure and undertaking initiatives to support business, particularly small and medium-sized enterprises (SMEs).
Recent policy has focused to a large extent on limiting imports to boost domestic industry, albeit with mixed results.
Samir Hadj Ali, Country Managing Partner, Mazars, on integrating the tax system into the larger regulatory regime
Mohammed Laksaci, Governor, Bank of Algeria, on the stability of the domestic banking sector
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