VOL.XXXVIII

NO.28

10-April-1995

FinancialPolicy

AlgerianOfficial Says Privatization Will Be Lengthy Process

Mr.Murad Benachenhou, Algeria's Minister for Industrial Restructuring, said in arecent radio interview that his country's privatization process will lastseveral years, "maybe even 10 years, and this is not an exaggeration."Speaking on Algiers Radio on 9 March, Mr. Benachenhou said that becausethe state-owned sector plays such an important role in the economy,restructuring it must be...