The village of Algeria are seeking to preserve the traditional carpet industry

ALGIERS (Reuters) - make the village of Babar, the Algerian intensive efforts to maintain the carpet industry (carpet) traditional.

The village is famous, about 570 km east of Algiers, the production of higher priced carpets in Algeria. The carpet industry has long been a source of income for this region, where foreign tourists visiting the village to buy carpets.

The process begins with the traditional carpet industry, such as blessing to women Assis wash wool in a river in the village.

And said, "Blessed" in order to wash the wool carpet industry Babar. "

And after washing the wool dyers colored by using natural colors.

Bin Khaled Shaaban is the last working in the traditional dyeing Babar said that the profession badly affected.

Shaaban said, "This craft is not missing a bit like the past ... In the past they did. At the present moment there is this craft."

The last twenty years have seen a decline in foreign tourists visiting Algeria, which led to the abandonment Alsnain manual for their profession. The impact of lower sales Zarpi locally on the profession.

The Nazareth Bensnov working in the weave carpet "Sometimes there is no sale. In some cases, there is no foreign tourists. Usually foreign tourists coming into homes for purchase. Italians .. American .. come because they like a lot of our work. But Algerians say what We can do it. better off buying a carpet again. But these antiques to be placed in the living room decorations. "

In order to maintain this traditional industry officials set up in the Babar center to train women in the traditional carpet industry.

The head of the People of the village of Babar Tallos Khamisi center's administration.

Khamisi said "we have established this center for the education of girls and teach them the craft in order to preserve them. We do not want the loss of these craft do not want to see it disappear. That's why we founded this center so that they can learn from generation to generation."

"We want to further reduce the unemployment rate. The girls come to learn this craft at the center to thy home where they can manufacture and sale of Zrabihn. Live it. There are many families living because of it."

But many villagers say that is not enough and help the government required.

Carpet dealer said Salah Bu anniversary of "The problem is that the process of selling rare and artisans failed. If there was a sale of artisans and continued to persist. But the failure of many of them. Lack of sales due to lack of tourists. Ministries to help us."

The uncertain future of the traditional carpet industry Babar with the reluctance of tourists to visit Algeria because of repeated militant attacks.

Algeria is the fourth largest exporter of natural gas and the eighth largest oil exporter in the world, has been fighting for nearly two decades of Muslim insurgency, joined al Qaeda in recent years.

And decreased the level of violence far nineties, which witnessed a conflict estimates non-governmental organizations that the number of victims amounted to 200 thousand people, but militants still pose a threat, where bombings and ambush

Jewelry industry in Algeria, beauty and originality

The Berbers in Kabylia, Chichaoua areas and to preserve the tradition of Tuareg jewelry industry mix of old techniques and modern methods. The industry was well known and respected jewelry makers are still dealing with the problems of high cost of raw materials and counterfeiting.
Jewelry industry is a milestone in the Algerian Amazigh culture distinctive. Although the continuing adventures of foreign occupation, the local people kept the tradition alive. Owners tend toward traditional Berber jewelry to meet modern tastes while maintaining the authenticity of Jdorhm.
Owner of a jewelry workshop, secured in Tizi Ouzou, "Some aspects of jewelry making need to be updated in line with modern tastes and to adapt to changing demand. And remain prisoners of the old methods no sense because the world is in continuous evolution." "The changes should include the form of ornaments, which must be consistent with commercial development."
The process of polishing his popularity to a large degree in the Berber jewelry industry. Some observers feel that the gloss convey the warmth of the region Tamazight. Technique was adopted about 15 century by Jews who they entered the area and Alkebailip Chaouia. The Haliqat ear rings and Alsoarat manifestations of this method. The changed shapes and colors as one form of expression of the unique and distinctive to each region it is there are no real differences between the Kabyle, Chichaoua and tear. Regions affected by the three methods of Romanian and Byzantine.

Did not start ornaments handmade by Berber appear on ceremonial occasions only with the Festival of Winnie the jewelry, which began in 1995.
Despite some success in marketing, the industry still dealing with the difficulties expensive cost of raw materials as indicated on abrasions, a shop owner Ait Yeni in Tizi Ouzou.
"The basic material that becomes the image of all time, is the largest kaleidoscope jewelry industry. Tamazight with every increase in the cost determined by the" Ignor "a public corporation Algeria expensive materials are measures of distribution and import, and monopoly industry, the effects casts a concern for customers who require clarification cost of living. " And employers looking ornaments also what they call "counterfeit of traditional crafts."
Isaml Fakes and silver light weight and Isbgunha to give an acceptable form. Lack of resources and encourages the use of plastic coral changing. The traders also import low-cost jewelry Amazigh.
However, do not miss the real experience of the owners of jewelry. No opportunity to display their talents at festivals ornaments

Pottery: A Legacy from the depth of Algeria

They are the oldest industry associated with the existence of rights since the long-term, making today's craft and heritage of popular express originality and history associated with civilization, for embodied in the pottery in the shapes and colors man knew how to turn mud into a solid material using fire and the use of the wheel, which caused a revolution in the quantity of production and means of simple graphics and expressive , is the recipe that made pottery ambassador without a visa are the basic Fmadth Altobip red clay color. Pottery [b] in Algeria [/ b] Although the pottery craft world but each country featured their own depending on use or colors, symbols, there are those who use it to complete the cooking pots, and ornaments, the symbols are the heritage of my people know, civilizations and their implications. Algeria is among leading countries in the pottery, by the nature of the Mediterranean, almost no free area in Algeria, does not make this pottery or even owned by the decoration of the decoration and the tribes is the leader in this area that the region is mountainous and rural simple way of life. and is much needed in global markets withstood the prestige of the time and coexistence with all civilizations, but more than that considered by historians, biologists a measure of the study period or era of time, so that in medieval Islamic used in the mosque is decorated by the walls, mosaic and colored white. With the development in machinery and even tastes it There were several types of pottery, which spread Calceramek industry in Europe in 15 century AD, and pottery Bocurrac gray or black and made beautiful shiny smooth surface found in the fifth century BC. ......... crayon Pottery Symbols Dalalpastammelt metal oxides for ceramic painting Color beautiful, including red, black, yellow, and others. Every country has a story with the colors and symbols, both manufactured by earlier civilizations, or the human imagination, creative, in spite of his worldly fame pottery through the ages and the various eras of historical, but remain in our country does not rise to the level required, as a is not a normal thing, but only the legacy of cultural heritage and popular culture carries all the meanings inherent
The women do all kinds of pottery made of clay for domestic purposes
They used to cook all kinds, including Maystaml to store honey, oil or water transfer.
Has mastered the women and some men in the manufacture of jars and pots, twisting, and incense burners and pitchers, skirts, and others.
Was invented by the main players and incised decoration with floral, fauna and awe-inspiring engineering and precision as well as proficiency in coloring.
The way the industry: -
Women wake up or sit down in any way it fits in and beside water and clay and some marble, clay or moistened women child after the addition of marble powder and Tdlkha well and then take a piece of clay and place it on Almajunp Shi laundry
Used as a base, pressing her hands of women in the middle of this block with the assistance of mud Bibahamha even take the form Cylindrically
After almost completed its industry to take a tool from wood or metal to remove mud accumulated by China and then Tmlessha
Bibahamha, and embossed by some inherited forms of engineering, refinement is not important here.
The skirts pertain slices or girl mud Almajunp slowly upwards until it is. Used women's fingers and thumb.

After the completion of the pot left to dry and then gathered a large pile of wood or wood and placed in the middle of China, and then ignite the fire, the wood is placed above another. Upon completion of the process of firing or barbecue utensils and then graduated Tboj Tboj not only skirts, and Altbooij here means cleanliness, which hung out by cooking some food and then throw it attached by what was left of the manufacturing process. Here, after the food is cooked Altbooij clean.

Things To Do in Algeria

• Visit Algiers' Bardo Ethnographic and Local Art Museum and the National Museum of Fine Arts, which are amongst the finest museums in North Africa.

• Within easy reach of Algiers, along the coast, lie some fine resorts. Zeralda is a beach resort with a holiday village and a replica nomad village. To the east of Algiers, the Turquoise Coast offers rocky coves and long beaches within easy reach of the city, equipped with sports, cruise and watersports facilities. The Sidi Fredj peninsula has a marina, an open-air theatre and complete amenities, including sporting facilities.

• Along the coast from Oran, which is primarily a business centre and an oil depot, there are a number of resorts, many with well-equipped hotels. Notable beaches include Ain El Turk, Les Andalouses, Canastel, Kristel, Mostaganem and Sablettes.

• The Sahara is the most striking and also most forbidding feature of the country. The best way to enter the south is to cross the El Kautara Gorges to the south of Constantine. The sudden glimpse of the Sahara through the El Kautara Gorges is breathtaking. These gorges are said to separate the winter areas from the land of everlasting summer and are called Fouur Es Sahra (’the Sahara’s mouth’) by the inhabitants.

• The special feature of the holy town of Beni-Isguen, not far from Ghardaia, is its permanent auction market.

• Picturesque Tamanrasset, situated at the heart of the Hoggar Mountains, is a large town with many hotels and restaurants. Tourists often stay in ‘Tam’ (as it is sometimes called) and use it as a base for touring the mountains or hiking in the open desert to the south and west in the company of camel drivers who carry their luggage. It is also a popular winter holiday resort. It is visited regularly by the camel caravans of les hommes bleus, blue-robed Touaregs, who are the ancient nomadic inhabitants of this wide region.

• Tour the Tassili N’Ajjer, or ’Plateau of Chasms’, a vast volcanic plateau crossed by massive gorges gouged out by rivers which have long since dried out or gone underground. The Tassili conceals a whole group of entirely unique rupestrian paintings (rock paintings), which go back at least as far as the neolithic age.

source:www.worldtravelguide.net

Algeria Money and Exchange Rate

Currency

Dinar (DZD) = 100 centimes. Notes are in denominations of DZD1,000, 500, 200, 100 and 50. Coins are in denominations of DZD100, 50, 20, 10, 5, 2 and 1, and 50, 20, 10, 5 and 1 centimes. 

Note: Because of the very strict adherence of the authorities to these regulations, visitors are strongly advised not to be associated with the black market, which tends to concentrate on the Euro and portable electronics.

Currency Exchange

In the past, difficulties have arisen when trying to exchange currency in Algeria, with only one national bank (La Banque Extérieure d’Algérie) able to exchange foreign currency at branches in major business centres. Difficulties are now decreasing and it is possible, for example, to exchange currency at some of the larger hotels. However, the facilities for currency exchange remain quite limited.

Credit/Debit Cards and ATMs

Credit cards are generally only accepted in urban areas.

Traveller's Cheques

Accepted only in top-class (4-star and above) hotels, government-run craft (souvenir) shops and in certain establishments. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars or Euros.

Currency Restrictions

There are no restrictions on the import or export of local or foreign currency. The export of foreign currency must not exceed the amount declared on arrival.

Banking Hours

Sun-Thurs 0900-1530.

Exchange Rate Indicators1.00 GBP = 113.75 DZD

1.00 USD = 75.17 DZD

1.00 EUR = 94.2 DZD

Currency conversion rates as of 26 August 2010

source:www.worldtravelguide.net

MODERNISATION OF INFRASTRUCTURE FOR TREATMENT OF PAYMENTS OF MASS

The three fundamental aspects of the reform for the modernization of infrastructures for retail payments:

 Firstly, the object of reform: the target in terms of payment instruments that the modern Algerian banking sector is to promote and see to completion by using the various market segments and customer. Above all, the major steps to achieve this target, ie strategic plan for modernization of payment instruments;

 Then, the general payment operations in Algeria: the principles of payments financing activity for the banking sector and guidelines for the pricing principles that should come to reinforce the strategic plan for modernization of payment instruments;

 Finally, those involved in implementation of Reform: the division of roles between government and stakeholders in the banking sector for the regulation of the activity, the standardization of payment instruments and systems management banks.

Policy recommendations outlined in this second part were approved by the Steering Committee of March 31, 2004, and constitute the basis of this Design Report. They are:

   A Strategic Plan for modernization of payment instruments that take place in three phases. The first phase of "pre-requisite" is to modernize infrastructure and intra and inter-bank bank to implement a reform of the organization and practices of banks for the processing of payment transactions. The second phase of setting up a base payment services recognized by the unbanked customer relies on the development of electronic instruments concentrate highly leveraged (transfers of wages and inter-company charges large remitters) while modernizing the treatment of other operations (replacement of the check to withdraw the cash card, improving the recovery of payment checks. It will allow the third phase of conquest by the development of the banking and credit card.

   An organization of the Algerian interbank retail payments based on active participation of banks and quasi-banking (Algeria Post), through the establishment of an Institute for Banking Standards and the strengthening of the Company to make interbank support the establishment and management of the telecommunications system off. He also stressed that these developments can not succeed without the active participation of the Bank of Algeria, supervising authority.

   Strong economic activity payments developed in line with the Strategic Plan for modernization of payment instruments, based on a pricing routine operations at a psychological price for the development of cashless payments. The scale of projects to improve infrastructure redent necessary support for a share of funding by public authorities to enable the necessary development of payment services reliable, fast and modern Algeria.

Modernization of budget procedures

The project has two major components. BUDGETING component includes changes to rules, organizations and practices of budget preparation, presentation and control of execution. The component consists INFORMATION SYSTEM: buy and install hardware and software modern and efficient, developing and implementing information systems that will strengthen the capacity of MOF and action to effectively support the new structures budgeting, and training those who will bear it (the computer) and to use (users) systems.

Component BUDGETING

The objectives are:

 facilitate the control of all public expenditure;
 facilitate strategic choices by providing information and analysis relevant;
 improve the transparency of the budget to promote informed discussion of economic policy choices and social
 strengthen control and enforcement, and improve performance in implementing policies and investments in the budget.

These objectives will be achieved through the following actions:
The introduction of an integrated multi-annual budgeting: that is to say, including both investment and recurrent expenditure. This multi-year budgeting fully preserves the annual budget at the legal level, the budget includes annual forecasts by sector and policies and is prepared and presented forecasts slippery on the following three years and integrated in a coherent macroeconomic framework of the same duration.
Improved presentation and dissemination of the budget to encourage more open debate and more informed choices on economic and social government.
Strengthening economic policy advice MOF will result in increased capacity assessment, quality control of costs and investment policies that underlie the budget requests from departments.
The strengthening and modernization of budgetary and accounting controls designed to increase their contribution to the effectiveness of spending and strengthen monitoring of implementation of public investment projects to increase efficiency and thus the ability 'public sector investment.

The component COMPUTER AND INFORMATION SYSTEMS

The use of computer tools and new technologies enable the Department of Finance and officers to monitor the budget figures since their conception to its implementation through their involvement and at different levels (central, regional, wilayat). It is actually to develop a budget management system integrated to enable the various stakeholders of the budget process (DGB, DGC, DGT officers) to exchange data and to obtain at any moment a single array of budgets, commitments, expenditures at all levels.

algerian fonction budget

note:
that table is in french
the montant is in algerian dinars

Complementary finance law includes affirmative action

The auspices of the Ministry of Finance working group composed of representatives from the Ministry of Finance and the Bank of Algeria and the Ministry of Commerce has embarked on the preparation of explanatory notes on some of the measures in the Finance Act supplemental.

The following are clarifications of the application of these procedures as set out in the observations of this group:

And provides for "Article 58 - paragraph 04 of the Financial Code complementary not possible to establish a physical person or legal entity external commercial activity except in the framework of the Partnership which represents the national contribution by at least 30 percent of social capital.

And apply the provisions of this article only for commercial enterprises engaged in these activities, the import of materials intended for sale, which was created after the entry of complementary finance law for 2009 into effect. "

Article 32 of the Finance Act, which requires the application of the tax rate on mobile phone on the value of packing for a month, it also provides for paid product from dealers involved in the clutch tax specialist Aqilemia within twenty days of the month following, and they make sure that you can not in any way that reflected the value of the tax on the price of the card or the value of the packaging.

Based on this and every deduction than the normal price of the card or packaging must be paid to the competent regional clutch with the application of a fine. "
This bill was introduced the financial area of a wider application of tax settlement bank to the importers of services through article 63, which is calculated on the value of each invoice or any document, taking the place of resettlement in mind, and specific tax each transfer of the settlement were from 30 July 2009, including with regard to contract services imports of citizenship before that date.

As applied to a tax settlement as well as the conversion of settlement for payment under the "Supply and Engineering and Construction" by the institutions established under the Fiscal agreements between the two countries, as well as foreign companies for the benefit-based. "

With regard to actively import and border control has required the second paragraph of Article 66 of the Finance Act supplementary presence of the commercial register, or Messier importing organization to implement the inter bank procedures concerning the activities of import and border control at the level of conformity of imported materials.

This procedure is applied as follows:

Lawful representatives of companies with shares and managers Altosicion for limited liability companies and companies with the only person and limited liability enjoyed in the context of their powers Foundation authorized employee of the Company to do at the border procedures and bank conformity control materials for these processes, should also permit those employees with the National Fund for Social Security and regularly to the Directorate of Trade of competent jurisdiction regionally. "

Dedicated "Article 67 commitment to the use of documentary loan only, and limited application of this article on the import of goods valued at more than 100.000 DA sincere with freight (FOB) by traders direct economic characteristics.

And will continue to carry out the importation of goods that are under the investment projects under construction, which has settled its contracts on July 30, 2009 in accordance with the patterns of organization established for this purpose. "

The Article 69 of the Finance Act supplementary mandatory importers pay for the loan through the documentary.
In the context of the application of articles 50 and 67, paragraph 2 of Article 69 of this law has been clarified particularly with regard to imports of goods continue to ensure the importation of goods that have been conducted before the date of 4 August 2009 to prove and document conversion. "

And spelled out in article 75 of the Finance Act are not allowed to banks and financial institutions provide loans for properties only in the context of mortgage loans.
The word "bank" must take the broad sense of the term, and should mean "bank and banking institutions", and then the banking institutions are also involved in the application of this article.

On the other hand it was clarified that allowed for banks and financial institutions loan application consumption that have been approved before the date of July 30, 2009.

Source: APS.

from every where in Algeria

The tourism sector in Algeria is the largest growth sectors in the country where Algeria has panoramic views that capture the eyes from a golden beaches to green forests to snow white. Who exploit this potential natural and invest in this country with good people. you Are invited all of you  مرحبا(hello)

algeria investment budget

President Director General of the External Bank of Algeria said his bank will be allocated 363 billion dinars worth of loans (5 billion dollars) during the period from 2010 to 2012 to finance a number of economic activities. 
In a statement, "that the bank adopted a triangular scheme 2010 - 2012 which will be allocated a cover fee of 363 billion dinars (5 billion dollars) of loans to be allocated to the funding of all branches of economic activity." 


Will go more than half of this amount 53.6 per cent), or 194 billion dinars) for public companies according to an official of this bank, which financed more structured projects in Algeria, as well as national industrial complexes. A second tranche of 141.5 billion dinars, equivalent to 39 per cent of the total value of that scheme financial institutions and small and medium industries, which the bank plans to promote investment, while the benefit of the household sector and people from loans worth 26.9 billion dinars, or 7.4 per cent of the total value. 


The value of loans granted by the bank to finance the national economy 100 billion dinars in 2009, the figures adopted by the General Council of the bank held the end of June last. 


In another context, said the bank had achieved the year 2009 growth and development he translated the profits achieved during the year Alvartp, which amounted to 33.87 billion dinars (466 million dollars), an increase of 51 per cent for 2008 and total revenues of the activities of the value of 2184 billion dinars (31 billion U.S. dollars) . 


He commented: "These results enabled the bank to absorb the implications of external shocks and by adopting the basic specialties and improvement for the organization and its consequences at the level of financial resources, as well as customers." For the first time has pushed the bank to the public treasury 20 per cent of any undistributed profits of 6.8 billion dinars, pursuant to a shareholder reward, which entered into force in 2009. 


The same official said the Bank of Algeria the outside, which was adopted in the previous 92 per cent of its financial resources on hydrocarbon resources has been successful under a policy of diversification pursued to reduce this ratio to 52 per cent in 2009, representing 48 per cent of the remaining financial resources for other types of customers Kalmwssat, families and properties, and estimated the financial resources of the Bank Disamar the end of 2009 the value of 1652 billion dinars. 


At the level of international activity retained Bank superiority treat rate of 22.6 per cent of the total national import, where he opened the 8939 letter of credit against 2919 in 2008, a pace upward continued during 2010, reaching 7895 message during the first five months of the current year according to the numbers the same charge.

algeria

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Usa money coming to Algeria

U.S. Under Secretary of U.S. Department of State Assistant to the Foreign Trade Asraell Hernandez here today that U.S. investments in Algeria last year reached five billion dollars.
Hernandez said at a press conference today that the U.S. companies showed great interest in the Algerian market, noting that there are intensive contacts with the Algerian government to open direct air link between the two countries.
He pointed out that Algeria is ranked 23 in the list of the most important economic partners for the United States and to highlight the trade deficit for the Party in the United States.
He stated that his country will catch up this deficit through the introduction of American products out in the Algerian market with the arrival of U.S. companies new to Algeria and expand the market for investment in Algeria to sectors outside of the fuel.
The U.S. official confirmed the importance of transparency in business and economics, property protection and the adoption of a flexible trading system.
He pointed out that those principles pursued by the country made it a country, which attracted the largest value of foreign direct investment in 2007 was estimated at 197 billion dollars. (End) P, T / PF KUNA Oak 08 081 730 GMT
On the other hand, a report in writing the state of America on business and investment climate in Algeria, the Algerian market is active and generally attracts attention for exporters and investors in the United States, especially for the hydrocarbon sector,''oil and gas
The report issued by the U.S. bureau of foreign trade at the State of America under the title of''doing business in Algeria, guide commercial enterprises''of America, the country's political situation is stable, also known as the security situation has improved compared to the middle of the previous decade. The report noted that''there is a steady rise in the loan application to the Algerians, especially for consumption, which contributed to record increases in this area, considering
Among the important sectors for organizations and U.S. investments in Algeria, the number of report''the hydrocarbon sector, enterprises base, infrastructure construction, communications, and information and communication technology and the establishment of facilities for the health sector and medical equipment, as well as the production of electricity and related water resources and consumer goods and agricultural products and food ''.
And how to enter the Algerian market, the report pointed out that partnership and the establishment of institutions are mixed are the best strategies to enter the market, that institutions should take into consideration a number of advantages associated with the establishment of a local representative office, through direct visits''. Adding that''many companies are still exploring the Algerian market through the establishment of representative offices, and this is what is recommended''. Noting that the''Algerian government to pay attention to foreign companies operating in Algeria; since it reveals a will to contribute to the development of the country in the long term''. The report called for''U.S. companies to consult with lawyers and the offices of expertise and advice on how to develop specific strategies, as relations remain important and knowledge to find partners in Algeria''.

russia start makeing money in algeria

Russian companies intend to engage in bidding projects for the exploitation of phosphate deposits in Algeria and build a factory for the production of nitrogen, phosphate and other substances. This came in a statement issued by the Information Office of the Russian Ministry of Energy on July 1 after the fourth meeting of the Russian government - Algerian joint related to cooperation in the fields of trade - economic and scientific - technical.


The Fourth Meeting of the Commission mentioned was held in Algiers, where he headed Sergei Shmatko and Minister of Energy and President of the Inter-Governmental Commission of the Russian delegation was headed by Karim Judy, Minister of Finance of the Algerian delegation. The statement says that during the meeting was to discuss various aspects of cooperation in the field of trade - economic cooperation between Russia and Algeria are among the issues that are discussed issue of cooperation in the fields of energy, modernization, and science and technology. The participants spoke to issues relating to the provision of appropriate conditions for activation and identification of cooperation between Russia and Algeria in the field of fuel and energy.


It is noted that Russia's relations with - the Algerian fuel and energy are the main trends in relations between the two countries. Russian companies are very interested in developing relations with Algerian partners on the basis of mutual benefit, as in the extraction of oil and gas as well as in the establishment of infrastructure for the transport network.


The statement that a large number of Russian energy companies currently operating in Algeria, and of these companies: "Gazprom" and the "Stroytrans gas" and oil company, "Ross Hnevic" and these companies intend to expand the scope of its activities in Algeria.


The statement noted that "both the Russian and Algerian satisfied with the progress of geological prospecting operations carried out by" Gazprom Anturnishnal "together with" Sontrak "in the" Alacil. "


The Minister met Shmatko while he was in Algeria by Prime Minister Ahmed Ouyahia and Mourad Medelci and Minister of Foreign Affairs Youcef Yousfi, Minister of Energy and Mines of Algeria.


The statement noted that the Fifth Meeting of the Committee will be held in Moscow, 2011, date to be determined later through diplomatic channels.

algeria 2010 economy detail numbers

Sign «Bank» growth of the Algerian economy in 2010 by 3.9 percent in its report on Global Economic Prospects 2010, and the financial crisis and growth, which was published Thursday in Bangkok, Thailand, adding that the GDP of Algeria recorded a rise of 2.1 percent in 2009, the bank expects to record Algeria growth over 4 percent in 2011.
The Bank noted that the growth of the GDP of Algeria surpassed global rates expected during the current year and next year thanks to the limited impact of the global financial crisis in the Algerian economy, which is still not directly linked to the global economy.
In light of the crisis that clouds lingering, expected «Bank» as oil prices remain generally stable at an average of 76 dollars, the bank did not hide his concerns about the high prices of other commodities, on average, by 3 percent a year only during the years 2010 and 2011.
The report warned that «Global Economic Prospects 2010» that even though the worst effects of the crisis have already signed, the global economic recovery remains fragile, and the report predicts that the leading effects of the crisis changed the landscape of the year for the financing and growth over the next ten years.
The head of the «International Monetary Fund» to Algeria, Mobile Tugas Bernati, last November, the GDP growth of Algeria has recorded an increase of between 4 and 5 percent in 2010.
Predicted Bernati, following completion of the mission in Algeria within the framework of the annual talks between Algeria and «the International Monetary Fund» for Article 5 of the Fund, that for the year 2009 would be the GDP 2 percent, while will range outside the hydrocarbon sector, 9 percent, thanks to the agriculture sector and continued investment public, adding that overall growth will remain negative indicators affected the hydrocarbon sector, and the government's ability to continue to guarantee funding of development projects in the area of the huge infrastructure that launched a full decade before, thanks to abundant oil revenues.
Local experts have warned of the serious consequences of the policy of cautious expansion is not in the budget, because of the risk of increasing the pace of inflation, which exceeded last year's 6 percent and that for the first time in 2003.
Abd al-Majeed Boside, an economist, told Al «Economic Vision», that the policy priorities of the current government in terms of expenditure glutton for mega projects has brought the pace of inflation to the highest in the past years, adding that slides low-income in Algeria is not able totake more inflationary pressures due to the deterioration of purchasing power during the past ten years, and limited employment opportunities in the real sectors.
Decline in unemployment
The talk about the decline in official unemployment rates to 10.3 percent the year 2009 can not cover the harsh reality for millions of unemployed, especially among young people less than 35 years, pointing out that the official figures itself recognized that 86.6 percent of Algerian youth less than 35 years in a state of unemployment pathetic.
The detection limits of spending programs the public to revive the economy of Algeria since 2001 in achieving the «economic take-off real», payment rates annual growth to a reasonable level, especially in non-oil sectors, despite spending about 200 billion dollars on programs to develop infrastructure and strengthen the capacity of the economy and developing the service sector .
He Boside, that the greater the noise of the government on the progress of the reforms and record the successes of the government's economic policies, as rates jumped and the pace of imports of goods and services from abroad double-digit year.
Compared with South Asian neighbors, Tunisia and Morocco, he said Boside, they were better without the enormous potential of Algeria, he said, adding that Tunisia, which imports power over its industrial exports 14 billion dollars in 2009 against 800 million for Algeria, which is floundering in the search for a suitable model for increasing the volume of exports of non-petroleum.
He added that sister Morocco has achieved a growth of over 5 percent to 4 percent of the Tunisian economy, while unable to Algeria for a real growth by more than 5 percent despite a potential fantasy and spending programs, the massive 200 billion dollars since 2001, adding that the best government that was looking really about efficacy for their development programs, is to direct a portion of that huge investments to create small and medium enterprises and composition of human resources and strengthening the real sectors such as agriculture, which lives hostage to the largesse of heaven, and not because of effective farm plans implemented by the government.
Import bill
He stressed that the Algerian agricultural sector is still closely linked to the rate of annual rainfall, the more decreased rainfall, the agricultural sector recorded modest growth rates, revealing the limited agricultural programs that the government claims its implementation.
The figures for the National Centre for Electronic Media and Statistics of the Department of Customs, indicate limited action taken by the Algerian government in the complementary finance law last year to reduce the total bill for imports, which amounted to the import bill in 2009 is equivalent to 39.1 billion dollars against 39.6 billion dollars in 2008, a decline of 0.9 only one percent, noting that Algeria's total exports last year hit 43.68 billion dollars, a fall only by about 45 per cent compared to 2008 reflected a negative impact on the trade balance surplus, which fell from 39.8 billion dollars in 2008 to 4.5 billion dollars only in 2009 is equivalent to rate of 112 percent coverage of exports to imports during the same year.
The value of Algerian imports of food products, 5.8 billion dollars in 2009 against 7.8 billion dollars in 2008, a decrease of 25.6 percent, according to figures provided by the National Center for Automated Information and Statistics of the Department of Algerian customs.
Regardless of the imports of sugar and sweets that risen by 29.6 percent, rising from 439.15 million dollars in 2008 to 569 million dollars in 2009, and meat, which have increased by about one percentage point to reach 171 million, has witnessed the most important products of the group down, particularly the country's imports of grain, flour, flour, dairy products and dried legumes.
-And recorded imports of cereals, flour and flour a significant decrease amounted to 42.3 per cent, thanks to crop the record wheat production last year, which exceeded 6.1 million tons of grain of various kinds, which allowed the country to reduce imports from the cereals and derivatives from 4.05 billion dollars in 2008 to 2.34 billion dollars 2009, Algeria has also succeeded in reducing imports from the material milk powder, infant milk and other dairy products from 1.28 billion dollars to 862 million dollars the year 2009 registered an average drop of 32.9 percent.
Fell import bill for all types of dried beans from about 300 million dollars in 2008 to 256.2 million dollars, also fell import Algeria subjects of coffee and tea from 329.2 million dollars to 259.5 million dollars during the same period, also recorded the center down a lot of material non-food consumer , particularly drugs and pharmaceuticals to the human use, which dropped 6.53 percent, moving from 1.86 billion to 1.74 billion dollars in 2009 thanks to a series of incentive measures established by the Government of Algeria to encourage domestic production in the field of medicine and to encourage investments in the pharmaceutical sector and urged citizens to consume generic forms of drugs.
Regarding the import of cars and tourist attractions, it had been an average decrease of 25.56 percent, falling from 2.05 billion to 1.52 billion dollars total, and this after the Government's decision to prevent big banks from granting special loans to buy cars for people in July last year.

quick economic numbers about algeria

-GDP: 160 billion dollars
-General income per capita: 3487 U.S. dollars annually.
-Growth rate: 5.1% of participation: Construction sector 7.1%, fuel 5.8%, services 5.6%, the index of agriculture is still weak 2.1%
-Inflation: 3.5% for the relatively weak competitive importers properties
-Unemployment: 12.3%
-Hard currency reserves: 140 billion dollars
-External debt: 0
-Exports: 54.6 billion dollars
-The value of imports: 21.4 billion dollars
-Oil production: 43 billion dollars-Gas production: 4500 billion dollars-Foreign investments in the country: 14 billion dollars, 68 percent of ArabExports: 54.6 billion dollars

Comments: as we see algeria is one of the 3rd world country ;level of Unemployment very hight low  General income per capita but algeria have one of the Promising economic world wide
.Note that Algeria have 0 External debt which  make her one of the rare country with such accomplishment in the end the general point vue is that Algeria is one of the best  investisment places in the world

Algeria economy potentiel

 Algeria is well known with energy (petroleum and natural gas) this lasts make  95% of export earnings of the nation ,with 11.8 billion barrels of petroleum reserves with estimates suggesting that the actual amount is even more,that made Algeria come's in the 14th world rank which gave her an  important role in the  Organization of the Petroleum Exporting Countries (OPEC).Also Algeria had 160 trillion cubic feet of proven natural gas reserves, the eighth largest in the world.


  In the last's years(from 1991-2010)  algerian economy had well improved  The government's continued efforts to diversify the economy by attracting foreign and domestic investment in the energy sector and outside it,the X factor in this time is the Association Treaty with the European Union (from 2001) that  made the algerian economy goes to the right direction