Algeria allocates 260 bln dinars to cut energy consumption by 10% by 2030

Algeria has allocated 260 billion dinars ($1.93 billion) to cut energy consumption by 10% by 2030, a senior official said on Sunday, according to the state news agency.

The head of the Algerian National Agency for the Promotion and Rationalisation of Energy, Marouane Chaaban, said the money will be used to implement a 2023-2030 plan to cut consumption, the report said.

($1 = 134.9900 Algerian dinars)