Financial and Banking News
BUDGETS AND REVENUES
1985 Algerian Budget Projects 8.4% Fall in Oil Revenues
Despite an anticipated 8.4% decline in oil revenues in 1985, overall revenues and expenditures are both projected to rise in the 1985 Algerian budget, by 6.7% and 10.6% respectively.
1985 revenues are estimated at 113,000mn dinars ($21.3bn at an exchange rate of DA5.3=$1), up from DA105,872mn in 1984. Oil is expected to provide DA52,000mn ($9.8bn) as compared to DA56,776mn in 1984,...
Please log in to read the rest of this story.
You may purchase access to entire MEES digital archives by subscribing. This subscription gives you access to all the content of MEES digital archives up to 1978!