VOL. XXXVI

NO. 38

21-JUNE-1993

Financial and Banking News

ECONOMIC POLICY

Algeria Allows Non-Residents Free Repatriation Of Profits

The Algerian cabinet has approved a new law which will allow non-residentsto transfer invested capital profits abroad. The law gives equal rights toresidents and non-residents with regard to tax and customers' incentives forinvestment projects. It also provides for the creation of a single governmentagency, Agence de Promotion et de Soutien à l'Investissement, to...