25% of Algerian middle class families got a bank loan: Echorouk exclusive study

A study by the Unit of the Economic Studies, belonging to “Media Sense” institution for Echorouk, shows that people, who receive monthly incomes ranging between 30.000 and 40.000 dianrs, are presenting the key part of the middle class in Algeria.    

• A study by the Unit of the Economic Studies, belonging to “Media Sense” institution for Echorouk, shows that people, who receive monthly incomes ranging between 30.000 and 40.000 dianrs, are presenting the key part of the middle class in Algeria.
• The expanded study, which included the main localities in Algeria, including Algiers, Setif, Constantine, and Annaba, east of Algeria, and Tizi Ouzou, east of Algiers, as well as Oran, west of Algeria, shows that this class of Algerians is fully linked to the national network of gas, electricity, water and health system, as well as available needs and other households equipments that are considered by some people as luxuries, including the microwaves, air conditioners, dish-washing machines, refrigerators, washing machines and water heaters.
• The rate of purchase of the foods rich with proteins, necessary for this Algerian class, particularly fresh and frozen meat, fish and chicken, five times a month, while bread and milk are vital foods with 28 times a month, thing which confirms that the level of income no matter how improved, can’t change the pattern and culture of the consumption of the Algerians.
• The study draws attention to the volume of Algeria families interested to technology and modern communications, thing which is linked to their incomes. 75% of families that receive 30.000 to 40.000 dinars monthly have computers, digital satellite receivers and internet, however, the paradox discovered in the study, is that the speech by the Ministry of Posts and Communications and Technology, about connecting the Algerian families to high-flow internet in their homes, is still a pro forma speech and just words that are not realized, as the families who have internet at homes during mid June 2009 did not exceed 6.5%, so where is the program of “Ousratik” ( family) announced by the president Bouteflika, is it the failure of his policy to revive the use of the dual cable for the simultaneous  transmission of digital data, despite 63.71% of the middle class have fixed telephones at homes, however, this infrastructure  is unused economically in a viable way for the development of productive services and economic activities in the society, instead of bringing the imported services from abroad.

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• The study by “Media Sense”, also shows that 20% of the high qualified workers prefer the system of subscription service for mobile phones, which allows 25% of the Algerian families to obtain banking loans, while 17.39% of the families think that it is more appropriate to obtain banking loans for buying real estates