What are some of the historical and cultural links between Italy and Algeria?
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Interviews & Viewpoints | Angelino Alfano, Minister of Foreign Affairs of Italy: 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...
Interviews & Viewpoints | Lord Richard Risby of Haverhill, Special Envoy of the UK Prime Minister in Algeria: Interview from The Report: Algeria 2017
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Despite the collapse of oil weighing heavily on the Algerian economy, it is still the largest and most prosperous in the Maghreb. Although it remains relatively closed, with foreign investors barred from taking majority stakes in local firms or projects since 2008, the private sector’s economic contribution has expanded significantly; it grew to 70% of GDP by 2015, and economic output...
Chapter | Country Profile from The Report: Algeria 2017
Algeria is a major producer of hydrocarbons, which are crucial contributors to the economy. It has the third-largest proven oil reserves on the continent, though it is facing substantial fiscal challenges due to the sharp fall in the international price of oil in 2014 and 2015. In contrast to many other countries in the region, Algeria has maintained its political stability, while its...