VOL. XLI
No. 41
12-October-1998
ALGERIA
Algerian Budget Deficit Forecast To Increase 14.7% In1999
The official Algerian news agency, APS, released figures on 4October indicating that Algerias budget deficit would expand to AD161.47bn ($2.84bn)in 1999 compared to AD140.69bn in 1998, a 14.7% increase. The draft budget, which is to bereviewed by parliament later this month, forecasts revenues of AD937.1bn ($14.4bn) for1999, up AD55.1bn from 1998 estimates. The government has budgeted for...
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