Financial and Banking News
BUDGETS AND REVENUES
1987 Algerian Budget Anticipates Further Drop in Oil Revenues
Using an average oil price of $17/B as a basis for calculation, the 1987Algerian budget puts oil revenues at AD22bn ($4.8bn), compared to AD48bn($10.8bn) in the original budget for 1986 and AD29bn ($6.3bn) in the amendedversion adopted later in the year (MEES, 29 September 1986). However an increasein income from other sources from AD61.7bn ($13.3bn) in 1986 to...