Tuesday, 17 September 2019 10:58 GMT

Algerian economic growth to pick up in 2018

(MENAFN) Algeria is expected to witness an economic growth in 2018 seeing how a recovery was reported in revenue from the OPEC members oil and natural gas exports.

Algerian Prime Minister Ahmed Ouyahia declared confidently that "2017 has been a difficult year, but 2018 will be much better."

While making the statement, the prime minister further pointed on how unemployment level in 2017 seen a boost to 11.7 percent.

Official data have shown a 25 percent raise in oil and natural gas exports, reaching USD7.1 billion during the first two months of this year, compared to USD5.67 billion recorded in 2016 during the same period.


Algerian economic growth to pick up in 2018


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