VOL. XXXIV

NO. 46

19-AUGUST-1991

Algeria

Advance Oil Money Is Key to Solution of Debt Problem, Says Ghozali

The Algerian Prime Minister, Mr. Sid Ahmed Ghozali, has stressed thatobtaining advance payments from oil companies in return for production rights isthe key to the solution of Algeria's crippling debt problem. Mr. Ghozalioutlined the nature of the problem very frankly in a recent (12 August)interview with the London Arabic-language daily al-Hayat, from which thefollowing is an excerpt (MEES...