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[Budget] People's Democratic Republic of Algeria Budgetary Report for 1993.
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kai229 is
in
Budget
Post Body
| Year | 1993 |
|---|---|
| GDP | $41,737,861,012.46 |
| GDP Growth | -11.90% |
| GDP per Capita | $1,508.60 |
| Population | 27,666,678 |
| Population Growth | 2.37% |
| Military Spending % of GDP | 1.20% |
| R&D Budget | $85,275,992.99 |
The situation in 1992.
In 1992, Islamist insurgents captured oil fields in Algeria, rendering the government with zero control of the entire situation and thus, to a slow collapse of the entire national economy.
Along with that, attacks are being frequent and the assassination of the incumbent President, Mohamed Boudiaf, has caused a downward spiral that some fear may be inevitable.
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