ALGERIA’S PLANS FUTURE WITH EXCESS OIL PROFITS


Algerian President Abdelaziz Bouteflika should use surplus oil and gas revenues to improve life for a younger generation that has grown tired of political speeches, a government minister and Bouteflika ally said. Bouteflika launched a bid for a third term in office last week and promised to spend $150 billion to help a country still struggling to recover from a brutal civil conflict in the 1990s.

Successive amnesties have led thousands of Islamist rebels to disarm and the government has been upgrading infrastructure, building hospitals and schools and improving housing. But analysts say it will be hard to defeat remaining al Qaeda-aligned rebels and press ahead with national development unless the government re-connects with an alienated younger generation that sees it as self-serving and aloof.

Algerian officials say poverty does not produce terrorism.”Little has been done to improve daily life conditions for the young,” said Bouguerra Soltani, minister of state and head of the Society Movement for Peace (MSP), a government coalition partner which is backing Bouteflika’s re-election bid. “This is why the period 2009-2014 should be dedicated to the young,” he told Reuters in an interview late on Wednesday.

SOURCED FROM REUTERS

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