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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Prime Minister: Algeria's foreign reserves fall 7.3 billion dollars in 5 months

    Rocky
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    • Post n°1

    Prime Minister: Algeria's foreign reserves fall 7.3 billion dollars in 5 months Empty Prime Minister: Algeria's foreign reserves fall 7.3 billion dollars in 5 months

    Post by Rocky Sun 24 Jun 2018, 2:57 am

    Prime Minister: Algeria's foreign reserves fall 7.3 billion dollars in 5 months


    Prime Minister: Algeria's foreign reserves fall 7.3 billion dollars in 5 months 8580

    Algerian Prime Minister Ahmed Ouyahia said his country's foreign exchange reserves fell by $ 7.3 billion in the first five months of this year and are expected to fall by $ 5 billion from now until the end of the year.
    Ouyahia said after meeting with members of the National Democratic Rally Party on television that reserves amounted to 90 billion dollars by the end of May and is expected to fall to 85 billion by the end of 2018.
    Reserves amounted to $ 97.3 billion in December 2017, down from $ 114.1 billion the previous year, $ 144.1 billion in 2015 and $ 178 billion in 2014 when crude oil prices began to fall.
    Crude prices have recovered this year.
    Algeria's oil and gas revenues, which account for 95 percent of total exports and 60 percent of the state budget, fell to $ 33.6 billion in 2017 from $ 63 billion in 2014.
    Ouyahia said Algeria should make more efforts to adapt to the financial problems caused by lower energy revenues.

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