Vol. XL

No. 1



ECGD To Restore Coverage For Algerian Oil/Gas Contracts

The UK's Export Credit Guarantee Department (ECGD) said last week that it would make credit available for British companies bidding for contracts in Algeria's oil and gas sector. According to ECGD, the move was prompted by Algeria's "positive economic progress under its International Monetary Fund (IMF) reform program and a satisfactory performance under its debt rescheduling agreements with both the...