Financial and Banking News
BUDGETS AND REVENUES
Algeria Excludes Rescheduling despite Mounting Service Burden
Algeria's Minister of Finance, Mr. Sid Ahmed Ghozali, last week ruled outdebt rescheduling as an option because "our possibilities permit us not toresort" to it. In an interview with the Algiers daily El Moudjahid on 21-22May, Mr Ghozali said that over the next three years Algeria will meet recordforeign debt repayments which will result in liquidity and balance...