Ekeomah Atuonwu
Algeria’s president has announced that the government will establish unemployment benefits for young individuals, despite the country’s high unemployment rate.
According to President Abdelmadjid Tebboune, payouts to job searchers aged 19 to 40 would begin in March.
Those who qualify will get monthly payments of around $100 (£73), as well as some medical benefits, until they find job.
Mr Tebboune, who made the announcement, stated that Algeria was the first country outside of Europe to provide such a benefit.
He went on to say that Algeria now has over 600,000 unemployed people.
Algeria, Africa’s largest gas exporter with a population of roughly 45 million people struggles with a jobless rate of 15%, and derives nearly all of its government revenue from hydrocarbons.
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