Strong U.S. Ally in a Chaotic Region

By Madjid Bougerra

Mr. Madjid Bougerra is the Ambassador of Algeria to the United States.

With the recent decline in oil prices, many predicted that Algeria would come under a real threat of instability. Indeed, if one were to believe the opinion of such self-appointed “experts,” Algeria would be teetering on the verge of collapse.

Nothing could be farther from the truth. Hard facts paint a different picture of Africa’s largest country. While my country has registered a 50 percent drop in revenues from the hydrocarbon sector (the backbone of its economy), it is far from collapse.

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Categorized as:Africa North America ReportingTagged with:

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