ALGERIA: HYDROCARBONS PROVIDE RELIEF TO EXTERNAL POSITION AND POLITICAL LEVERAGE

ALGERIA: HYDROCARBONS PROVIDE RELIEF TO EXTERNAL POSITION AND POLITICAL LEVERAGE

   Wed, 10 August 2022

High oil and gas prices are replenishing Algeria’s financial reserves after years of struggle. Non-hydrocarbon sectors in Algeria are expected to recover to pre-pandemic levels in 2022, and trade and budget balances will also show a marked improvement this year. However, high inflation and commodity shortages, as Algeria struggles to secure enough wheat, may yet lead to an uptick in social unrest. Still, amid all the difficulties, Algeria is now benefiting from the most favourable conditions in years for ensuring it holds buffers against local instability and changing regional dynamics.



Contact us for a complimentary trial of the platform


Pangea-Risk Insight is a specialist intelligence membership platform that delivers accurate, decision-ready, and commercially relevant forecasts and analysis on political, security, and economic risk in Africa and the Middle East to a wide-ranging spread of client sectors.

All country risk analysis is supported by local source intelligence and driven by proprietary risk methodology presented on a cost-effective, centralised, and user-friendly platform.