Algeria recorded its 5th straight trade deficit in 2019, bringing combined deficits to a whopping $55.6bn since 2015. Worryingly, there appears no end in sight.
Algeria’s repeated inability to diversify an economy that for 2019 remained reliant on oil and gas for 93% of export revenues has left it at the mercy of global prices for its two key export commodities. (CONTINUED - 865 WORDS)
