Middle East Economic Survey

VOL. XLVII

No 36

6-September-2004

ALGERIA

BUDGETS AND REVENUES

PM Announces Commercial Restrictions On Algerian Public Sector

Algerian Prime Minister Ahmed Ouyahia has signed two directives restricting public sector commercial and financial activities. The first, signed on 18 August, states that public companies and offices must only deal with state-owned banks for their commercial and financial operations. The directive will be enforced from 1 September,...