NO. 12


Financial and Banking News

Budgets & Revenues

Algeria Reschedules $1Bn In Debt To US

Algeria and the US signed on 15 December a rescheduling agreement coveringsome $1bn worth of debt. The bilateral agreement was signed in Algiers by theGovernor of the Central Bank of Algeria, Mr. Abd al-Wahab Keramane, and USAmbassador Ronald Neumann, and follows a rescheduling agreement signed with theParis Club in June. Since then Algeria has reached agreement on debt...