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Tuesday, July 25, 2017 12:52 GMT
Algeria posted a trade deficit of US$4.84 billion in the first half of 2017, down 54.1% from a year earlier, due to better energy earnings, but its imports bill remained high despite restrictions, official data showed on Sunday. The deficit decline pushed up the coverage of imports by exports to 79% from 56% in the January-June period of 2016, according to customs figures. Oil and gas exports, which accounted for 95% of total sales abroad, rose 38.3% to US$17.19 billion in the first six months...More