Algiers pays off debts early
Algiers signed on 7 August an agreement for an early repayment of its debt to Japan and was scheduled to sign a similar accord with Italy when the latter's Deputy Foreign Affairs Minister, Ugo Intini, visits Algiers on 10 August. The two agreements will be the fifteenth and sixteenth bilateral agreements that Algiers has concluded with creditor countries since signing an agreement with the 19-member Paris Club on 11 May (MEED 19:5:06).Under the terms of the May accord, the government, ...
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