Algerian President Makes Cabinet Reshuffle
Arab World
Asharq Al-Awsat
Algerian President Abdelmadjid Tebboune has named new energy and finance ministers, following a big fall in state revenues after years of budget deficits. Abdelmadjid Attar, a former chief executive of state oil company Sonatrach, is the new energy minister, while Central Bank Governor Ayman Benabderrahmane becomes finance minister, state television reported late Tuesday. The partial cabinet reshuffle comes just six months after the new government was formed, at a time of major political upheaval for Algeria as mass protests forced the veteran president Abdelaziz Bouteflika from power. Already suffering years of lower income due to oil prices slumping in 2014, higher domestic consumption and more competition for its gas in Europe, Algeria has now been hit by a new fall in the energy market caused by the global pandemic. The former energy minister, Mohamed Arkab, was named minister for mines, state television reported.
from Asharq AL-awsat https://english.aawsat.com/home/article/2351676/algerian-president-makes-cabinet-reshuffle
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