The state has imposed a lockdown until May 14, with varying degrees of isolation enforced in different areas.
The country has been hit hard by the oil price crash and coronavirus impact. The Council of Ministers held a meeting on May 3 approving cuts to Algerian spending to 50% of the budget. A number of other steps were also agreed, cutting income tax for low earners and increasing the minimum wage.
A new head of Alnaft was appointed on April 23. Nour Eddine Daoudi replaced Arezki Hocini, with Algerian Energy Minister Mohamed Arkab saying this was intended “to breathe new life into the strengthening of research and exploration activities in the oil upstream”.
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