The Dubai International Financial Centre (DIFC) is a global financial centre strategically located between the East and West, providing a stable and secure platform for businesses and financial institutions to tap into the emerging markets of the Middle East, Africa and South Asia (MEASA). The Centre’s internationally recognised and independent regulation, common law framework, tax-friendly […]
The Prime Minister has highlighted in his speech to the National Assembly, this September 21, 2017, the general lines of his comprehensive economic program. This present and brief analysis is a contribution to the debate by recalling that the amended Law on Money and Credit states that “the Bank of Algeria may, within the limits and under the conditions laid down by the Council of Money and Credit, intervene in the money market, including buy and sell government securities and private assets eligible for rediscounting or advances”. Now, the new version allows the Bank of Algeria to “lend directly” to the Treasure. In our view, this would imply as far as Security and Development: Ten Truths on the Algerian Economy.