GENERAL INFORMATION:
Official Name: People's Democratic Republic of Algeria
Area: 2.381.741 km2
Population: 31,07 millions (50% less than 20 years old),
1/3 of the population are Berbers.
Capital: Algiers
Official Languages: Arabic (official) ; frequent use of French in the administration
Religion: Islam
INSITUTIONS:
Government Type: Republican presidential
President of the Republic: Abdelaziz Bouteflika (since April 15, 1999)

Political Parties: Main parties represented in Parliament:
- The National Liberation Front (FLN)
- The National Democratic Rally
- The Movement of National Reform
- The Movement of Society for Peace
- The Worker party
- The Liberals
- The Algerian National Front
- The Ennahdha Movement


 
ECONOMIC INDICATORS:
GDP: 54 billion US dollars (2002)
GDP per capita: 1.650 dollars
Growth rate: 3,5%
Currency: Algerian Dinar
Population growth rate: 2,1%

ECONOMIC SITUATION AND PROSPECTS:

Since the early 1990s, Algeria has adopted a market-based policy of economic liberalization. It exerts great efforts to adapt its economy to the world market, especially with the imminent enforcement of the association agreement with Europe.

The energy sector remains the main source of hard currency for Algeria.

The last few years witnessed a liberalization of the energy sector in Algeria where many foreign companies, particularly American, British and French, have been allowed to invest in this sector.

Currently, Algeria holds negotiations in order to join the World Trade Organization.

The economic reform program in Algeria faces a growing opposition from trade unions and certain political parties, especially as regards the privatization of public enterprises. The past year witnessed social troubles that affected a number of economic sectors.
 
 
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