Algeria is a key producer of hydrocarbons in Africa, ranking first in gas output and among the top three for oil. It depends on the sector for the majority of government revenue and nearly all exports. Despite reforms to encourage private sector development, promote diversification and attract FDI, the state plays a preponderant role, meaning that changes to government expenditure and investment continue to have a large impact on economic performance.
Does the Organic Law for Finance Laws indicate progress in implementing a comprehensive framework for public-private partnerships (PPPs)?
The Algerian authorities have made significant efforts to improve and secure the business and investment climate, particularly through the following measures:
Algeria is a key producer of hydrocarbons in Africa, ranking first in gas output and among the top three for oil. It depends on the sector for the majority of government revenue and nearly all exports. Despite reforms to encourage private sector development, promote diversification and attract FDI, the state plays a preponderant role, meaning that changes to government expenditure and investment continue to have a large impact on economic performance.
What are some of the significant implications of the Investment Law decrees from March 2017?
In the face of the constant fall in revenues from the oil and gas exports, the Algerian government has demonstrated a clear determination to substitute the hydrocarbon-dependent economic model with a new model substantially less dependent from the oil and gas revenues.
OBG introduces the reader to the different aspects of the legal system in Algeria, in partnership with Gide Loyrette Nouel.
This chapter contains an interview with Samy Laghouati, Partner, Gide Loyrette Nouel, on recent changes to the legal code and investment regulations.
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