VOL. XLIV

No 47

19-November-2001

ALGERIA

Algeria Requires $8-10Bn Per AnnumInvestment Over 10 Years Says Bouteflika

Algerias economy needs to grow atan average annual rate of 7% over 10 years, requiring an investment of $8-10bnper year, according to the Algerian President, Abdelaziz Bouteflika. Addressingthe James Baker Foundation in Houston on 3 November, Mr Bouteflika said thatsince greater investment is vital to Algerias economic recovery, the countryis amending its regulatory framework in a...