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.
OBG introduces the reader to the different aspects of the legal system in Algeria, in partnership with Gide Loyrette Nouel. This section also includes an interview with Samy Laghouati, Partner, Gide Loyrette Nouel.
In many ways, Algeria finds itself in an enviable economic position, particularly when compared with its regional neighbours. It holds the fourth-largest oil reserves and the second-largest natural gas reserves in Africa. Ample hydrocarbons revenue has allowed the government to channel capital into public expenditure programmes on infrastructure, health care, education, social housing and subsidies.
Considerable oil and gas revenues have provided the Algerian government with sufficient funds to embark on generous public spending programmes in nearly all sectors, leading to improvements in many of the country’s headline indicators.
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