Algeria

Recent comments from Algeria's energy minister suggest little chance of a compromise on the cut in gas subsidies demanded by the WTO in exchange for membership. With inflation rising... 2008-05-12

High oil prices will contribute to a record current account surplus in 2008. The account will remain in surplus throughout our forecast period, although easing oil prices and steady... 2008-04-29

High commodity prices are a major risk factor for North Africa - not only have we increased our year-end inflation forecasts across the board, we also anticipate above-target budget... 2008-04-25

The government has presented a draft bill to parliament that would impose new, tougher conditions on foreigners entering and working in Algeria. Proponents of the bill argue that... 2008-04-25

High oil prices keep driving Algeria's foreign exchange reserves ever higher. We recently revised our oil price forecasts for 2008 to US$100.00/bbl for Brent Crude and US$96.50/bbl... 2008-04-25

As part of its amnesty for Islamist fighters who fought against the government during Algeria's civil war, the government is considering paying financial compensation to around 13,000... 2008-04-08

We are forecasting real GDP growth of just under 5.0% in 2008, down slightly from an estimated 5.3% in 2007. Increased government spending is set to be a key driver of growth over... 2008-04-08

A recent spat with Russia over arms sales reveals Algeria's growing assertiveness on the international scene. Although we do not anticipate any long lasting damage to Russian relations,... 2008-04-07

The relaunching of relations between the EU and the countries surrounding the Mediterranean should lead to more progress on practical matters such as security cooperation. However,... 2008-04-01

Government approval of a bill that allows for greater parliamentary oversight is a step in the right direction, although it remains to be seen how quickly it will be implemented and... 2008-03-31