Energy exports drop, increased imports depleted Algeria’s current account – New Business Ethiopia

Energy exports drop, increased imports depleted Algeria’s current account – New Business Ethiopia

Energy exports drop, increased imports turn Algeria’s current account to deficit The drop in energy exports and increased imports reversed the current account surplus into a modest deficit, the International Monetary Fund (IMF) said. “The current account reversed to a deficit in 2024, projected to widen in 2025-26 before narrowing. Over the medium-term, growth is […]