The International Monetary Fund praised Algeria's progress in diversifying the economy and combating money laundering, emphasizing the robustness of the economic outlook for the national economy in the short term. In a statement released following the mission it sent to Algeria from June 16 to 30, as part of the 2026 consultations under Article IV, the IMF valued Algeria's efforts in diversifying the economy, particularly in the mining and agricultural sectors, encouraging it to continue reforms aimed at enhancing competitiveness and stimulating private investment.
Algeria ranked first among naphtha suppliers to the Republic of Korea in the first half of 2026, with a share of over 17 percent of the country's imports, according to data from the Korea International Trade Association (KITA).
Algeria ranked first among naphtha suppliers to the Republic of Korea in the first half of 2026, with a share of over 17 percent of the country's imports, according to data from the Korea International Trade Association (KITA).
Algeria and Saudi Arabia explored ways to develop financial markets and enhance innovation and financial services during meetings that brought together stakeholders in the Algerian financial market and representatives from the Saudi Financial Market Authority, as part of the work of the Trade and Economy Committee stemming from the Algerian-Saudi High Coordination Council. The meetings were held at the headquarters of the Commission for Organizing and Monitoring Stock Exchange Operations (COSOB) and via videoconferencing, providing an opportunity to exchange experiences and practices in several areas related to the development of financial markets. Read the full content on Echourouk Online.
News Disclaimer: Articles are curated from third-party sources for informational purposes. We do not verify or endorse the accuracy of third-party content.