The Algerian government announced its intention to create facilities and measures to open the capital of small and medium public institutions in front of private investors and to support every new investment that reflects the partnership between public institutions and private institutions.
The Algerian authorities took this approach amid the rejection of the political opposition and the reservations of economic and financial experts, warning them of the dangers of the decision about the extra printing of a block of securities. They also warned of the repetition of the institutions and public factories sale that occurred in the nineties and ended in the looting of money and industrial estates without achieving an effective development of the actual economy, or providing additional positions.
Algeria is suffering from a financial crisis due to the collapse of oil prices and the decline in the countrys revenues from oil and gas revenues, prompting the government to resort to the printing of additional securities ,estimated at 180 million Algerian dinars (10 billion euros) to meet the internal debt and finance the public treasury under the unconventional funding it has aproved.
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