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No imports without sufficient private funds.. New rules from the Bank of Algeria!

May 19, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
No imports without sufficient private funds.. New rules from the Bank of Algeria!

The Bank of Algeria has ordered accredited intermediary banks to tighten control over import operations of goods intended for resale, by subjecting economic operators to a prior assessment of their financial capabilities, and preventing the value of unsettled import operations from exceeding their private funds, in a new step aimed at enhancing control over foreign trade and securing the financial balances of importers. According to Instruction No. 05-2026 signed by Governor Mohamed Lamine Labo on May 19, 2026, which was reviewed by 'Echorouk', these measures were implemented in accordance with the provisions of Article 42 of Regulation No. 07-01 dated February 3, 2007, as amended and supplemented, concerning the rules applicable to transactions with abroad...

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