Karim Djoudi: Algeria ready for its reflationary programme

Algeria has the financial capacities for its five-year reflationary programme (2010-2014), worth 150 billion USD, despite the decline in global oil prices and its oil revenues, said in Washington Finance Minister Karim Djoudi.

• ''We have, in terms of viability of our public finance and our external equilibrium, the financing possibility in the medium terms, i.e. till 2014, while maintaining an adequate foreign exchange reserves and paying almost all our external public debt,'' the minister told APS in the margins of the International Monetary Fund and World Bank spring meeting.
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• Ennaharonline/ APS