How does Russia intend to further develop its economic relations with Algeria?
Algeria Economy
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Interviews & Viewpoints | Dmitry Medvedev, Prime Minister of Russia: Interview from The Report: Algeria 2017
Articles & Analysis | The government of Algeria pursues a new long-term approach to combat lower oil prices from The Report: Algeria 2017
The collapse in oil prices has weighed heavily on the Algerian economy, giving rise to wide twin deficits in the budget and current account. Given that the state is still heavily involved in the non-hydrocarbons sector of the economy, but depends on hydrocarbons exports for the bulk of its revenues, it is unsurprising that efforts to close the...
Interviews & Viewpoints | Angelino Alfano, Minister of Foreign Affairs of Italy: Interview from The Report: Algeria 2017
Articles & Analysis | Algeria adapts to changing local and international market conditions from The Report: Algeria 2017
With an area of 2.38m sq km, Algeria became the largest country in Africa when the Republic of South Sudan gained its independence from Sudan in 2011. Located in the Maghreb region of North Africa, it has a Mediterranean coastline of just under 1000 km and land borders with seven countries and territories – Libya, Mali, Mauritania, Morocco,...
Interviews & Viewpoints | Abdelkader Zoukh, Wali of Algiers: Interview from The Report: Algeria 2017
Articles & Analysis | Algeria's fiscal reforms seek to rebalance the budget from The Report: Algeria 2017
Given that Algeria’s hydrocarbons sector accounted for more than half of government revenues in 2014, it is hardly surprising that the collapse in oil prices from 2014 onward has hit public finances. From 8% of GDP in 2014, the deficit ballooned to 15.8% in 2015, before moderating to an estimated 14% in 2016. Algeria was able to postpone the...