Algerian PM Says Economy to Improve in 2018

Algeria’s economy will improve this year, Prime Minister Ahmed Ouyahia said on Saturday, as revenue from the OPEC members oil and natural gas exports picks up after falling by half since 2014. “2017 has been a difficult year, but 2018 will be much better,” Ouyahia told reporters, adding that unemployment had risen to 11.7 percent last year. Oil and natural gas exports increased 25 percent to $7.1 billion in the first two months of 2018, up from $5.67 billion in the same period a year earlier, according to official data.

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