ALGIERS (Reuters) - Algeria is backtracking on some economic reforms such as cutting costly subsidies as the country wants to minimise the risk of protests before presidential elections next year, according to the budget data and experts.
The North African oil producer country had said at the start of the year subsidies for fuel and other products would be lowered from 2019 to rein in spending following a fall in oil revenues from 2014 to 2017. It gave no specifics.
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