Algeria: Status quo ante

  • The protest movement -- the Hirak -- will not be appeased until the government is no longer comprised of members of the country’s old political elite.
  • Without a rapid and credible roadmap for transition to full democracy, President Abdelmadjid Tebboune’s five-year term will unlikely be fully served.
  • The continuing unrest poses a risk to overall economic activity and foreign investment. We are doubtful that the revamped hydrocarbons law will bear fruit anytime soon.

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