NO. 45


Financial and Banking News

Budgets & Revenues

Algeria's Final Budget Estimates Projects $3.7bn Deficit For 1994

The revised Algerian budget for 1994, as published in the Official Gazette,projects a shortfall of AD139.6mn ($3.7bn) for the year. The revised figuresshow an increase in expected revenues (to AD474.1bn from AD410bn) and an increase in expenditure (to AD613.7bn from AD535.3bn). The biggest change on theexpenditure side has been the addition of...