Potato Crisis symbolizes Algeria’s struggling economy

A recession, first sparked last year by the fall in oil prices and worsened by the coronavirus pandemic, threatens millions of Algerians from being able to properly put food on the table. Families have been hit by a decision last month by the cash-strapped state to eliminate subsidies of basic food and energy products, which amounts to over $17 billion per year. Increasingly, the economic hardship is being measured by the shortage of a staple product: the potato. Indeed, the price of potatoes has almost tripled on the Algerian market in just a few months. It has become a symbol of the nation's deteriorating economic situation, stirring up anger within modest households and increasing the risk of protests. Pointing the finger at local ...