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...
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