Algiers â€” Algeria's state-owned Sonatrach is being asked to halve its 2020 spending budget from $14 billion to just $7 billion due to the oil price slump, the country's president Abdelmadjid Tebboune said Sunday.
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07-05-2018· That increase in oil prices has already begun paying off for Algeria, with the trade deficit narrowing by 83.6 percent at the end of the first quarter of 2018 from $3 billion a year earlier
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