VOL. XXXIII

NO. 27

9-APRIL-1990

Financial and Banking News

Loans & Issues

Controversy Continues over Foreign Investment in Algeria

Comments by former Algerian prime minister 'Abd al-Hamid al-Ibrahimi to theeffect that the country's public officials received $26bn in"commissions" on foreign contracts have inflamed discussionssurrounding the new foreign investment law, which was approved by theparliament on 25 March. Mr. Ibrahimi's remarks are seen as benefitting those inAlgeria who oppose the...