NARCO Analysis: Changes to Algeria’s Economic Landscape
By Geoff D. Porter
There are some big headline issues happening in Algeria that are sucking up a lot of bandwidth, but at the same time there are also some potentially significant economic developments that are garnering less attention. The 15-year sentences handed down to Said Bouteflika, Mohamed Mediene, Athman Tartag, and Louisa Hannoune on 24 September, as well as the emerging candidates for the 12 December presidential election are the top discussion topics. As a result, the pending changes to Algeria’s 51/49 regulation restricting foreign ownership of Algerian ventures and the revival of the hydrocarbons reform law are less debated even though these two developments could introduce the biggest changes to Algeria’s economic landscape in the last 15 years.
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