VOL. XL

No. 13

31-March-1997

ALGERIA

Algeria To Open Stock Exchange

The Algerian Finance Minister, Mr. 'Abd al-Karim Harshawi, hassaid that the country is planning to open a stock exchange this year in line with itsprivatization program and the policy of creating a market-driven economy. Algeria isaiming to sell 250 state-owned companies this year and has recently enacted a lawrepealing the measures which required new owners to retain all workers and keep thecompany's activities unchanged...