NO. 37


Budgets& Revenues

AlgeriaDiverts More Resources To Defense Spending In 1995 Budget

TheAlgerian Government has allocated AD58.8bn ($1.27bn), or 21%, of its ministerialbudget (ordinary) to defense in 1995, compared to AD39.8bn ($1.13bn), or 18% ofthe ordinary budget in 1994, according to the 1995 budget law published in theOfficial Gazette In Algerian dinars, the 1995 allocation to defense is 48%higher than in 1994, while in dollar terms the increase is only 12%...