• Daily News
  • Weekly News
  • Special Editions
  • Oil and Gas Events
  • Key Economic Indicators
  • Other Services
Country List
  • Algeria
  • Bahrain
  • Egypt
  • Iran
  • Iraq
  • Kuwait
  • Libya
  • Oman
  • Qatar
  • Saudi Arabia
  • UAE
  • Yemen
  • General News
PAM
  • Project Activity Monitoring
  • Company Activity Monitoring

For Free Headlines Submit Your Email

Login  

Friday, July 11, 2025 0:7 GMT

  • Home
  • About Us
  • Archive
  • Contact Us

News

Algeria’s Public Debt Flies


Algeria’s public debt was equivalent to 45% of its Gross Domestic Product (GDP) by the end of last year, international news outlets reported. Prime minister Abdelaziz Djerad said the country’s economy is in a “delicate” situation. Two years ago, public debt amounted to 26% of GDP.

Algeria is struggling with its finances due to plummeting oil and gas revenues stemming from market volatility and weak prices over the last few years. The government is planning to seek out alternative sources of funding, including a local stock exchange.


published:13/02/2020 05:11 GMT

Related News

© 2025 BEDigest. All Rights Reserved.

to read more about this project please go to