Algerian forced to drop nationality for better job in foreign companies

Estimates released by the Algerian central bank show that foreign companies operating in Algeria garnered huge sums of benefits at the expense of meagre salaries paid for its Algerian employees in comparison to their fellow workers in their home country.

• This situation enables these companies to transfer huge sums of money broad taking advantage of the weakness of the Algerian currency if compared to Euro and dollar.
• Cost-effective investments in Algeria raised theses companies’ benefits to reach 60 percent in the sector of communications, a startling difference to the 7 percent recorded in the same sector in European countries.