The Arab Economic Summit,
19-20 January 2009,
State of Kuwait



Head of State Abdelaziz Bouteflika - President of Algeria .


Geography It is the largest country of the Mediterranean Sea, the second largest on the African continent and the eleventh-largest country in the world in terms of land area. It is bordered by Tunisia in the northeast, Libya in the east, Niger in the southeast, Mali and Mauritania in the southwest, a few kilometers of the Western Sahara in the west, Morocco in the northwest, and the Mediterranean Sea in the north. Its size is almost 2,400,000 km² . The capital is Algiers.


Climate

Northern Algeria is in the temperate zone and enjoys a mild, Mediterranean climate. Its broken topography, however, provides sharp local contrasts in both prevailing temperatures and incidence of rainfall. Year-to-year variations in climatic conditions are also common.

In the Tell, temperatures in summer average between 21 and 24 °C and in winter drop to 10 to 12 °C. Winters are not cold, but the humidity is high . In eastern Algeria, the average temperatures are somewhat lower, and on the steppes of the High Plateaus winter temperatures hover only a few degrees above freezing.

Currency The Dinar is the currency of Algeria and it is subdivided into 100 santeem.

Economy

The fossil fuels energy sector is the backbone of Algeria's economy, accounting for roughly 60% of budget revenues and over 95% of export earnings. The country ranks fourteenth in petroleum reserves.

Algeria has always been noted for the fertility of its soil, A small amount of cotton is also grown in the southern oases. The olive (both for its fruit and oil) and tobacco are cultivated with great success.

More than 7,500,000 acres (30,000 km²) are devoted to the cultivation of cereal grains. Of the crops raised, wheat, barley and oats are the principal cereals, It is considered as the largest oat market in Africa.

Algeria exports include citrus products, figs, dates, esparto grass, and cork.

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