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ALGIERS Authentic Jaire Alexander Jersey , Sept. 28 (Xinhua) -- Algeria's fiscal deficit will reach 1,113 billion dinars (about 99 billion U.S. dollars) by the end of 2017, the official Algerian Press Service (APS) reported Thursday.

The APS quoted Faisal Tadinit, the general director of the finance ministry, who made the remarks in the Finance and Budget Committee of the People's National Assembly (Lower House) on Thursday.

Tadinit explained that the decline in oil prices since mid-2014 has had a significant impact on the low fiscal revenues.

In spite of this Authentic Ty Montgomery Jersey , the government is continuing its efforts in the field of public investment to keep the economic growth and employment rate at acceptable levels, which has led to a high deficit.

Tadinit said that a range of monetary and financial instruments had been used to mobilize additional resources.

Algerian Prime Minister Ahmed Ouyahia admitted on Sept. 21 that the North African nation is facing a difficult financial situation.

He said the public treasury will turn to the central bank, denying claims that such a measure would cause the currency to depreciate and inflation.

Large flower terrace gleams on Tian'anmen Square in Beijing

Lanzhou-Chongqing railway to open to traffic on Sept. 29

Ceremonies held around China to celebrate birthday of Confucius

Japanese PM attends ceremony marking China's upcoming National Day

Four pandas from SW China make debut in NE China's Shenyang

Modern manufacturing, transport help six Chinese provinces develop fast

A look at Kantuman Bazaar in China's Xinjiang

Scenery of terraced fields in Houyuan Village, China's Fujian

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