Algeria: Toward an economic collapse?
Even as a growing number of Arab and African states look to the International Monetary Fund (IMF) for assistance to help counter the economic fallout of the coronavirus pandemic, Algeria has made it clear it will not follow suit. Despite the fiscal challenges, economic crisis, social unrest, and public health emergency, President Abdelmadjid Tebboune has insisted that Algeria will not seek a loan to ease the country’s socio-economic woes.