Algeria is a country rich in history and situated in a strategically important region. While its past has at times been turbulent, the last decade has been one of relative peace. Economic growth and development has followed, driven primarily by advances in the hydrocarbons sector.
The fall in the international price of oil since mid-2014, however, is having a substantial economic impact, in particular on the country’s trade balance and government finances. On the positive side though, the drop in prices is accelerating efforts to further diversify the economy, pushing the government to open up the country to greater private and foreign investment in order to provide alternatives to state spending, in part through measures to render the rigid investment environment more attractive.
Sustaining progress: President Abdelaziz Bouteflika on the past and future in Algeria
Strengthening ties: OBG talks to Tobias Ellwood MP, UK Parliamentary Under Secretary of State for...
The nature of energy: Ségolène Royal, French Minister of Ecology, Sustainable Development and Energy
Smart reforms: OBG talks to Abderrahmane Benkhelfa, Minister of Finance
Ramtane Lamamra, Algerian Minister of State and Minister for Foreign Affairs and International...
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