Sunday, 17 September 2017

Algeria to lean on Central Bank to plug deficit amid oil slump

Algeria to lean on Central Bank to plug deficit amid oil slump
*Government averse to tapping international markets for funds *Plan to borrow from regulator risks stoking inflation 17 September 2017, Algiers — Algeria’s prime minister laid out a sweeping plan to plug the budget deficit that would include direct borrowing from the central bank, as the OPEC member looks to compensate for lower oil revenue without […] More »

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