Algeria Set To Produce Local Car Models to Cut Import Expenditure
Due to the fact that Algeria is spending more on importing cars than it’s realizing from crude oil, the North African country is set to cut expenditures by producing local car models. Rather than continue to import popular car models, the country is set to start producing them locally to boost national needs. This becomes more crucial since the country is facing dwindling oil revenues which could not be wasted on importing cars in the face of the country’s economic needs.
