ABSTRACT
The forthcoming accession of Algeria to the WTO (World Trade Organization), the association between Algeria and the European Union (EU), the reactivation of the North—South relations, the revival of the Arab Maghreb Union (AMU), the Algerian market opening and the fluctuating price of oil have been the factors leading to the need to help SMEs build a competitive base. Algeria’s financial situation improved dramatically with the oil price rise of the late 1990s and early 2000s. Today, foreign exchange reserves are large, around $200 billion, and three five-year economic revitalization programs totaling $460 billion have been implemented. All these reflect a genuine economic recovery of the country (Mebtoul, 2010).
