Financial and Banking News
Does a Debt Rescheduling Now Make Sense for Ghozali?
Even if Algeria has the money to service its external debt over the next fewmonths, a rescheduling or a debt deferment may now be the most sensible optionfor the government of Prime Minister Sid Ahmed Ghozali. The politicaluncertainty in which the government is now operating has narrowed its economicoptions and shortened its policy horizons. The government needs...