Algeria will receive a $3 billion loan from an Islamic development bank for projects over the next three years

Algeria is anticipated to receive $3 billion in loans over the next three years to help the implementation of important economic projects, the president of the Islamic economic Bank stated on Monday.

In line with the president’s intention to link the nation’s economic zones, bank president Muhammad Sulaiman Al Jasser told Algeria’s Ennahar TV that the funds would be used for projects like railway expansion.