Algeria will cut spending in its 2015 budget by 1.35 percent, the government announced, as it expects a slump in oil prices to reduce its energy earnings by 50 percent. The government expects economic growth outside oil and gas to reach 5.1 percent, unchanged from an initial forecast early this year. Inflation is now expected … Continue reading EconSource: Algeria Cuts Spending, Sees Energy Revenues Falling 50 Percent This Year