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Vol 46 No 1

Published 7th January 2005


Time to deliver

Despite the usual political pressures, North Africa's oil and gas producers, led by Algeria, Libya and Egypt, had a prosperous year. Their foreign reserves built up on the back of high prices, while old problems like foreign debt were left far behind. For 2005, the big problem across the region remains how to turn government energy receipts into sustainable jobs, and thus to reduce the social pressures that add appeal to underground Islamist groups.

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