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Algeria 'Abandons' Funding from the Islamic Development Bank for the Laghouat-Menia-Ain Salah-Tamanrasset Railway Project

October 21, 2026اقتصاد – الشروق أونلاينechoroukonline.com
Algeria 'Abandons' Funding from the Islamic Development Bank for the Laghouat-Menia-Ain Salah-Tamanrasset Railway Project

On Wednesday, Minister of Public Works and Infrastructure Abdelkader Djellali revealed that the state has abandoned funding from the Islamic Development Bank for the Laghouat-Menia-Ain Salah-Tamanrasset railway project. Djellali attributed this decision, in a presentation before the Finance and Budget Committee of the National People's Assembly, to the bank's offer not matching the specified implementation deadlines. He confirmed that the project will be fully funded by the state. Watch the full content on Echourouk Online.

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