VOL. XXXVII

NO. 2

11-OCTOBER-1993

Financial and Banking News

BUDGETS AND REVENUES

New Algerian Investment Law Improves Terms For Foreign Investment

Algeria's new investment law, passed by the Council of Ministers on 22September, removes distinctions between foreign and local investments, accordingthe same rights and incentives to both. It also guarantees the right torepatriate invested capital and revenues resulting from hard currencyinvestments. The passage of the law is a further indication that...