Algeria foreign reserves fall to $136.9 bln

(Reuters) - Algeria's foreign exchange reserves fell $6.1 billion this year to $136.9 billion due to the drop in global oil prices, Prime Minister Abdelmalek Sellal said on Sunday. Energy earnings make up 95 percent of OPEC member Algeria's exports and 60 percent of the budget. Even with higher prices, energy revenues will not be sufficient to meet the country's economic development needs, Sellal said, according to the state news agency APS. (Reporting by Hamid Ould Ahmed; Editing by Alison Williams)