NO. 20


Financial and Banking News

Budgets & Revenues

Algeria Expects GDP Recovery for 1989

The Algerian Government is expecting that 1989 will show the first growth innon-oil Gross Domestic Product (GDP) since 1985, according to preliminaryforecasts based on data for the first seven months of the year. This performance is predicated on the expected recovery ofagricultural output after the1988 drought, which has also resulted in a mushrooming food import bill....