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28 Mar
10:51

Political uncertainty to weigh on Algeria’s economic growth

The latest increasing political uncertainty witnessed in Algeria is set to weigh further on the economic growth of the country, according to the latest report by Moody’s. This could result in a slowdown of GDP growth, also directly affecting steel demand in the country, Kallanish notes. In October last year the International Monetary Fund predicted that Algeria’s GDP would grow in 2019 by 2.7% y-o-y, reaching its peak, before slow…
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