VOL. XXXIX

No. 28

8-April-1996

ALGERIA

Algeria Signs Rescheduling Agreements With Italy And France

Algeria has signed agreements with Italy and France to reschedule a total of $3.25bn of debts. On 1 April, Algeria initialled a provisional agreement with Italy to reschedule the equivalent of $1.75bn of Algerian debts. The agreement is the result of bilateral debt negotiations between Algeria and its donors following last July's agreement with the Paris Club of creditors to reschedule...