Get access to latest Algeria security tenders and bids. Find business opportunities and government contracts for Algeria security tenders, global security tenders, government security contracts Algeria, Algeria security guard tenders, Algeria private security tenders, security tender notices, federal security bids, hiring security tenders, security system tenders, Algeria security alarm tenders. Find Algeria security bids, tenders, procurement, RFPs, RFQs, ICBs. The country has enjoyed several years of strong economic performance, with solid non-hydrocarbon growth, low inflation, an overall budget surplus of 8% of GDP and a positive trade balance of 28% of GDP in 2008. Average annual non-hydrocarbon GDP growth averaged 6 percent in 2003–2007, with total GDP growing at an average of 4.5% during the same period due to less buoyant oil production in 2006–07. After having virtually eliminated external debt before 2013, the drop hydrocarbon prices and revenues has led to a large budget deficit which has been only partly offset by spending cuts. Consequently, government debt has increased to more than 30% of GDP. Inflation has remained at 3-6% on average for 2013–17. However, the economy remains highly dependent on hydrocarbons, which represent 94% of total exports; a continued slowdown of global energy demand has significantly put pressure on Algeria's fiscal and external positions. The nominal GDP in 2017 was US$167.5 billion. Algeria has enormous possibilities to boost its economic growth, including huge foreign-exchange reserves derived from oil and gas. A development strategy targeting stronger, sustained growth would create more jobs, especially for young people, and alleviate the housing shortage the country is facing. The national strategic option is therefore to revitalise the process intended to diversify the economy starting with the non-oil sector while deepening the reforms needed for the structural transformation of the economy. Security is protection from, or resilience against, potential harm (or other unwanted coercive change) caused by others, by restraining the freedom of others to act. Beneficiaries of security may be of persons and social groups, objects and institutions, ecosystems or any other entity or phenomenon vulnerable to unwanted change. The term is also used to refer to acts and systems whose purpose may be to provide security (e.g.: security companies, security forces, security guard, cyber security systems, security cameras, remote guarding).