VOL. XXXIX 

No. 16 

15-January-1996 

ALGERIA 

Algerian Government Introduces Further Reforms 

The new government of Prime Minister Ahmed Ouyahia in Algeria has lost little time in introducing a further limited round of economic reform measures, including exchange rate liberalization and a politically-charged increase in prices of subsidized basic commodities. That said, the price increases do not unfortunately represent a genuine cut in subsidy, because with...