Algeria Trims 2013 Budget Expenditure, But Raises Defense Allocations
By Basim Itayim
Algeria’s budget projections for 2013 include a 14.2% hike to AD825.9bn ($10.9bn) in the Defense Ministry’s allocation. This comes despite significant cuts to overall spending as Algiers looks to rein in a 2011 and 2012 spending splurge, intended to stave off domestic calls for political reform in the wake of the ‘Arab Spring’ revolutions...