Algeria’s Economy May Grow 4.7% in 2012, Finance Minister Says
Djoudi said the ministry’s draft budget bill forecast inflation rate next year to remain unchanged from this year’s level of about 4 percent, the agency reported. The North African country’s 2012 budget is based on an oil price of $37 a barrel, which is similar to this year’s figure, Djoudi said.
Algeria has an external debt of $5.2 billion, he said.
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