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Algeria’s Economy

Currency depreciation, inflation, negative growth, businesses closed- Algeria's economy has been battered by the one-two punch of the coronavirus crisis and tumbling oil revenues.

Algeria economy rocked by one-two punch of coronavirus crisis

Currency depreciation, inflation, negative growth, businesses closed: Algeria's economy has been battered by the one-two punch of the coronavirus crisis and tumbling oil revenues.
Pump nozzles are pictured at a gas station in Algiers, Algeria April 21, 2020. REUTERS-Ramzi Boudina

Algerian economy contracts 3.9% in first quarter – government

Algeria’s economy contracted 3.9% in the first quarter this year after a 1.3% growth in the same period in 2019, weakened by the coronavirus lockdown and a bad performance by the vital oil and gas sector, the government said on Saturday.

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#EndSARS: Ekiti panel receiving petitions ahead of November 2 sitting

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