Algeria : inflation rate to show a downward trend until 2020

  • 08 October 2017 / News / 382 / Emerging Africa


Algeria : inflation rate to show a downward trend until 2020

Finance Minister Abderrahmane Raouia said Friday that the  inflation rate will show a downward trend until 2020, ensuring that the government is following with interest this phenomenon and tends to control all the responsible factors .


The impact of unconventional financing on inflation is “a permanent concern for the State, which tends to rule out all the factors that could lead to this situation, and it is for this reason that the rate of inflation is expected to fall in the years to come, “said the minister, adding that the use of non-conventional financing” will be made after all available financial resources have been exhausted “.Responding to the concerns of members of the National People’s Assembly (APN), while  debating the bill  amending and supplementing the credit and currency law , the minister said that the  inflation in the order will reach 5.5% in 2018, the same rate expected at the end of 2017, 4% in 2019 and 3.5% in 2020.


source: dzbreaking

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