Algeria, a country so rich its people so poor!

Dimanche 23 Décembre 2012

Algeria is certainly a very rich country, an economic powerhouse .. a truth that leaders are trying to hide from Algerians, but events such as the recent visit to Hollande in Algeria, shows this clearly.
Algeria, a country so rich its people so poor!
Indeed, in an interview with Challenges, Issad Rebrab, chairman of the powerful group Cevital  Algeria’s premier private sector group, does not hide his ambitions: "We have $ 1.5 billion of equity, no debt and we can mobilize more billions to acquire French companies, "he says, as reported by the media.
 
For its part, the Benamor group  (pasta, semolina, canned tomatoes, etc.) wants to export its products to Europe and especially in France., Adel Benamor, SIAL’s production director, said they wanted to compete with Italian pasta. Ambitions are clearly displayed.
 
Not to mention  that Algeria, after application of the IMF, helped to form the relief fund of the international institution with a loan of five billion dollars.
 
Wealth that fails, however, to stop continuous strikes in various sectors or target particular social problems that plague the population, especially housing and unemployment.



Source : https://www.marocafrik.com/english/Algeria-a-count...

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