Does Algeria need to diversify its hydrocarbon industry?

Nonetheless, the GoA is fully aware of the need for diversification and the limited prospects of the hydrocarbon industry in terms of job creation, or indeed as a future source of growth. There are two important caveats to our proposals. The first is the impact of Algeria’s free trade agreement with the EU.

What can Algeria do to improve food security?

This translates into a GDP per capita gain of US$76.3 relative to the Current Path forecast. The focus on family planning, education and investments in the health sector can benefit Algeria. Chart 14 sets out the composition of the Agriculture scenario to advance food security.

Does Algeria need a large infrastructure & leapfrogging scenario?

Because Algeria is already performing well in terms of access to mobile broadband, with the Current Path forecast reaching 154.1 subscriptions per 100 people by 2043, the Large Infrastructure and Leapfrogging scenario has only a marginal impact.

Why did Algeria suspend Al Arabiya News Channel?

Algeria suspended the press license of Saudi state-owned Al Arabiya news channel just one day after Iraq suspended the license of Saudi-owned TV channel MBC. Algeria’s Sonatrach has signed two agreements as the country makes a green hydrogen push both for domestic use and for export to Europe.

How much does Algeria produce per hectare?

Algeria’s average yield of 3 metric tons per hectare is closer to the average for low-income African countries (2.6 tons per hectare) than the rest of lower middle-income Africa (5.2 tons per hectare). Algeria’s heavy reliance on commodity exports (aka the Dutch disease) makes agriculture and manufacturing less competitive.

Does Algeria have an industrial revival policy?

Algeria already has an industrial revival policy that identifies 12 strategic sectors, a master plan for tourism development, an agricultural and rural renewal programme, a renewable energy programme and a development plan for fishing and agriculture. However, the economy remains stuck in second gear.