VOL. XXXIX

No. 4

23-October-1995

ALGERIA

The Algerian Economy Is Stagnating

Conflicting indicators as to the state of the Algerian economy are emerging in the international press ahead of the presidential elections scheduled for 16 November. On the face of it, things are looking up and Algerian ministers are, unsurprisingly, bullish: the World Bank expects the Algerian economy to grow by between 4% and 5% in 1995. In an interview with the London-based Arabic daily Asharq al-Awsat on 18...