Karim Djoudi: “Algeria’s expected economic growth rate for 2012 to reach 4.7%”

The Finance minister Mr. Karim Djoudi has said that Algeria which has invested parts of its foreign exchange reserves abroad, has nothing to fear from the adverse repercussions of the US debt over its secure investments.

Speaking Saturday to the Algerian Press Agency APS, Mr. Djoudi said that Algeria’s investments abroad were safe at 3 levels as, he said, the capital was guaranteed, stressing they were covered against all risks of change, and that they were liquid assets…read more


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