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.
Algeria
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Chapter | Country Profile from The Report: Algeria 2012
Under the previous and current five-year plans of 2005-09 and 2010-14, a major government objective has been the modernisation and expansion of Algeria’s transport networks. With some €229bn having been allocated to the development of railways, airports, public transport, roadways and ports, major public works projects are under way to facilitate mobility, reduce congestion and encourage the use...
High levels of liquidity and a total loan book that accounts for just half of deposits characterise the Algerian banking sector. The industry remains dominated by publicly owned banks, which constitute around nine-tenths of deposits and loans, though foreign-backed private banks are major players in trade finance and are highly profitable. Penetration is roughly in line with neighbouring...
This section includes an article about archaeological offerings in Algeria, as well as information on hotels, government and other listings, alongside useful tips for visitors on topics like currency, visas, language, communications, dress, business hours and electricity.
In conjunction with Mazars, OBG explores the taxation system, examining Algeria’s investor-friendly environment. OBG talks to Samir Hadj Ali, Country Managing Partner, Mazars, on integrating the tax system into the larger regulatory regime.