Middle East Economic Survey
VOL. LIII
No 7
15-Feb-2010
Algeria Unveils 2010 Budget With 12.9% Increase In Expenditure
Algerias budget for 2010 projects a rise of 10.6% in total revenue to AD3,081.5bn ($42.2bn) and an increase of 12.9% in total expenditure to AD5,869.9bn ($80.4bn), with a resulting deficit of AD2,779.4bn ($38.1bn), slightly up on 2009, according to the budget law which was published in Algerias Official Gazette of 31 December 2009. The deficit will be covered from Algerias...
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