Algeria Financial Services

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Algerian investment law, under its reframed policy published in August 2016, is deemed to be a general frame of legislation, the purpose of which is to define the general policy of investment for both foreign and local investors. Among the key changes made to the investment law was the removal of the pre-emption right and the limitation of...

 

What opportunities does the diversification of the Algerian economy present for the sector?

 

How would you assess the outlook for Algeria’s financial markets over the medium term?

 

What has been the impact of reduced oil revenues on the insurance sector?

 

What are the prospects for the development of the capital market in the short and medium term?

 

The drastic oil price decline as of mid-2014 had a considerable impact on Algeria’s domestic and external balances, reflected in record current and fiscal deficits and, consequently, in the significant erosion of fiscal savings and reserves. Subsequently, the shock leaked to the banking sector, through sustained liquidity contraction.

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