VOL. XL

No. 35

1-September-1997

ALGERIA

Algerian Prime Minister Announces Complementary Budget To New Assembly

On 17 August the Algerian National Assembly approved a three-year economic plan presented by Prime Minister Ahmed Ouyahia and what was termed a complementary budget for the remainder of 1997. The budget element in the speech contained an upward revision (6%) of income mainly due to a strong dollar and hydrocarbon revenues yielding $1bn more than anticipated, while on the...