VOL. XLII

No. 34

23-August-1999

ALGERIA

Algeria Prepares Stock Exchange As MacroeconomicFundamentals Strengthen

Following an inauguration in July Algeria is planning to setup a formal stock market, the Algiers Stock Exchange, some time in September,probably shortly after the referendum on 16 September. The market will beregulated by The Stock Exchange Organization and Surveillance Commission(COSOB), which was established through a law passed in 1993, and the commissionwill have regulatory,...