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Financials and Investment News in Algeria

IMF Lowers Algeria Growth Forecast
4/9/2019 -  The International Monetary Fund (IMF) said it expects a 2.3% growth for the Algerian economy in 2019, down from the projected 2.7% in last October.
Algeria’s Port Activity Up By 7% in Q1 2019
5/20/2019 - Algeria’s port activity increased by 7% in the 1st quarter of 2019, compared to the 1st quarter of the previous year, Serport Group told APS .
Afcfta to Boost Economic, Trade Exchanges
5/30/2019 - The entry into force of the African Continental Free Trade Area (AfCFTA) on next Thursday will “boost” economic and trade exchanges between African countries and will give a fresh impetus to the regio...
Algeria’s Trade Deficit Reaches USD1.84 Bn in First 4 Months of 2019
6/1/2019 -  Algeria’s trade deficit reached USD1.84 billion in the first four months of 2019, against USD1.83 billion in the same period in 2018, said the Algerian Customs.

Algerian exports amounted to...
Algeria Energy Exports Down 7.7% in 2018 - Central Bank
6/11/2019 - Algeria’s oil and gas export volumes fell 7.7% in 2018 from the previous year, the central bank said , highlighting how the OPEC member country is struggling to attract foreign investment to boost out...
USTDA Advocates Algeria-US Partnerships in Economic Development
7/10/2019 - The visit of a senior executive at the United States Trade and Development Agency (USTDA) in last June is part of efforts to “forge partnerships with Algerians in the field of economic development.”
Algeria's Economy: Annual Growth at 1.4% in 2018
8/6/2019 - Algeria' annual economic growth stood at 1.4% in 2018, against 1.3% in 2017, announced the National Statistics Office (ONS).
Algeria's Trade Balance: Foreseeable Deterioration Linked To Economic Structure
8/18/2019 - he deterioration of Algeria’s trade balance in the first half of 2019 was foreseeable due to the nature of the economic structure, marked by the absence of other drivers of export growth, explained Al...
Foreign Indebtedness Poses No Danger to National Economy
10/7/2019 - Resorting to foreign indebtedness poses no danger to the national economy, provided that the previously announced conditions are met, notably the targeting of profitable economic projects, said Sunday...
Algeria Suspends Economic, Cultural, Political Gatherings over Coronavirus
3/11/2020 - Algeria has suspended economic, cultural and political gatherings to slow the spread of the coronavirus, Health Minister Abderrahmane Benbouzid said .

The sports ministry earlier announced ...

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