VOL. XXXV
NO. 9
2-DECEMBER-1991
Financial and Banking News
Budgets & Revenues
Algeria's Current Account Swings into Surplus
Algeria has posted a current account surplus of $1,420mn for 1990, thebiggest since it started submitting data to the IMF in the early 1960s. Thesurplus was the result of a huge increase in merchandise exports - the result ofincreased oil and gas prices - while imports were kept at normal levels. Thetrade surplus for 1990 is more than three times that recorded in the...
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