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Algeria's cereal import bill falls 14.5% in Jan-Aug
ALGIERS, Oct 19 (Reuters) - Algeria's expenditure on imports of cereals, semolina and flour dropped 14.42% in the first eight months of 2019 from the same period a year ago, official data showed on Saturday.
Algeria, one of the world's largest grain importers, has been trying to reduce spending on food imports following a fall in energy earnings, the main source of state finances.
Durum wheat, soft wheat, semolina and flour imports reached $1.84 billion in the January-August period this year, down from $2.15 billion in the first eight months of 2018, according to customs figures.
Overall spending on food imports stood at $5.43 billion against $5.90 billion during the January-August period of last year. (Reporting by Hamid Ould Ahmed Editing by Alexandra Hudson)
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