“Economy to improve in 2018,” PM Ouyahia

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“Economy will improve this year,” Prime Minister Ahmed Ouyahia said on Saturday, as revenue from the OPEC member’s oil and natural gas exports picks up after falling by half since 2014.

“2017 has been a difficult year, but 2018 will be much better,” Ouyahia told reporters, adding that unemployment had risen to 11.7 percent last year.

Oil and natural gas exports increased 25 percent to $7.1 billion in the first two months of 2018, up from $5.67 billion in the same period a year earlier, according to official data.

On the other hand, Ouyahia also confirmed he will not run in next year’s presidential election.




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