Financial and Banking News
Abdesselam Puts Fight against Inflation before Devaluation
Algerian Prime Minister Belaid Abdesselam says that defeating inflation ishis government's urgent priority, and that he will not devalue the dinarfurther, as advised by the International Monetary Fund (IMF). In a policy paperpublished on 7 March, Mr. Abdesselam also signaled his intention to freeze wagesand prevent mass redundancies from state-owned companies. Since...