Algeria prepares new Investment law
Published 18 Sep,2021 via Asharq Alawsat (English Edition) - Algeria is preparing a new investment law to improve its business climate and attract foreign investors with the aim of boosting the non-energy sector, Prime Minister Ayman Benabderrahmane said on Thursday.
He also announced plans to develop the country’s small stock exchange and launch banking and financial reforms to find new funding sources for the oil-reliant economy.
OPEC member Algeria, which relies heavily on oil and gas exports, has been facing financial problems due to lower energy earnings.
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Asharq Alawsat