VOL. XLVI

No 18

05-May-2003

ALGERIA

World Bank Approves $95Mn Loan To Algeria To Boost Employment

The World Bank has approved a $95mn loan to Algeria for an employment generation scheme in low-income, rural mountainous areas of northwest and north-central Algeria. According to the World Bank, the Second Rural Employment Project seeks to raise the standard of living for Algerias rural poor and follows the first Rural Employment Project in north-west Algeria, which succeeded in engaging the local...