November 7, 2000 - 94th. Issue -

Algeria – Cost of Terrorism
Sabotage Cost Utility Company AD 4 Billion
The utility company Sonelgaz says it lost AD 4 billion due to sabotage during the last seven years.

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Stock Market Wrap
Tunis and Casablanca Bourse Indexes Down

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Algerian Infrastructure
SNC-Lavalin to Link Taksebt Water Dam with Algiers Network

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Morocco – Consumer Credit Sector
Consumer Credit Sector Has Growth Prospects

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Algerian Infrastructure
Two French Companies Win Contract of Rehabilitation of Water Network in Algiers

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Morocco - Economy
Draft Budget Includes Big Investments And Tax Rationalization, But Maroc Telecom Sale Is Key
The 2001 draft budget of Dh 141.5 billion includes operating expenditure of Dh 74.9 billion (up 11.3%), debt servicing expenditure of Dh 42.2 billion (up 13.6%), and investment of Dh 24.4 billion (down 5.7%), although local authority and State-owned enterprise investment will bring the total to Dh64.24 billion.

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Algeria - International Business
Sonatrach Deals Outside of Algeria

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Regional Affairs
Moroccans march for Palestine in Rabat
Hundreds of thousands of Moroccans marched in the streets of Rabat in early October to show their support for the Palestinians

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Regional Affairs
Morocco And Tunisia Close Israeli Liaison Offices- Morocco Sends Ambassador Back To Qatar As Dispute Cools

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Public Sector Employment in Algeria
From Hope of Better Wages to Fear of Massive Layoffs
A few weeks ago, workers of the public sector were informed that their wages may soon increase by as much as 30% in some administrations and by as low as 20%. But as the new prime minister took office, he quickly realized that such decision may be catastrophic for the economy.

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JUNE 2000