● Algeria government to put unemployed youth on $100 monthly pay
Algeria government is set to put every unemployed youth on monthly pay according to reports.
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President of Algeria, Abdelmadjid Tebboune said the Algerian government will from March 2022 put the unemployed on salary. All Algerians between the ages of 19 to 40 will receive $100 every month. The President said it has become very necessary to Implement this particular social intervention so that the dignity of Algerians are protected.
Mr. Abdelmadjid Tebboune said those eligible will continue to receive $100 until they are able to get a decent job.
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“The payments will be made to preserve the dignity of the people” he said.
President Abdelmadjid Tebboune who disclosed the news on Algerian National Television emphasized that eligible people will also have some medical benefits, while some taxes on consumer products will also be suspended.
There are more than 600,000 unemployed people in Algeria. Algeria has a population of about 45 million people. And they seem to be doing incredibly well because in some parts of Africa close to half of the people are unemployed.
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Abdelmadjid claimed Algeria was the first country outside European countries to introduce such a policy. Algeria is Africa’s biggest gas exporter. Over 90% of its state revenue is earned from hydrocarbons.