VOL. XXXIX
No. 33
13-May-1996
ALGERIA
Lower Budget Deficit In Algeria As Economic Reforms Continue In 1996
The Algerian Government is projecting a 33% fall in its 1996 budget deficit to AD99.4bn ($1.8bn), according to the budget law published in the Official Gazette, which recently became available. As a percentage of total expenditure, the deficit in 1996 amounts to 11.7%, compared to 20.2% in 1995. Total revenue in 1996 is projected to rise by 27.7% to AD749.2bn ($13.9bn) and...
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