Economic Policy

Government economic decisions, reforms, budgets, and fiscal policy

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Economic Policy
APS | مصارف ومالية

Governor of the Bank of Algeria Highlights in Washington the Role of Strong Governance in Enhancing Global Economic Performance

Washington - The Governor of the Bank of Algeria, Mohamed Lamine Labo, highlighted in Washington, during the 53rd meeting of the International Monetary and Financial Committee, the necessity for financial policies to focus on enhancing regulatory and supervisory frameworks, monitoring emerging risks, and working towards price stability, in light of the geopolitical situation in the Middle East, adding that strengthening strong international governance is a prerequisite for improving global economic performance.

Apr 17, 2026aps.dz
Energy & Hydrocarbons
AL24 | الاقتصاد

International Energy Agency warns of rising energy prices if Strait of Hormuz closure continues

Fatih Birol, the executive director of the International Energy Agency, warned of rising oil and gas prices, and of jet fuel running out in Europe within six weeks if the Strait of Hormuz remains closed. In an interview with the Associated Press, Birol described the closure of the strait as the biggest energy crisis the world has ever seen, warning that developing countries in Latin America, Africa, and Asia would be the most affected, with many countries likely to transition from high inflation to recession if the strait is not opened by the end of May. Birol noted that allowing more than 110 oil tankers and 15 armed natural gas carriers to pass through the strait is not enough to resolve the crisis, especially since more than 80 of the assets are...

Apr 17, 2026al24news.dz
Economic Policy
International Monetary and Financial Committee Meeting: Governor of the Bank of Algeria Highlights the Role of Strong Governance in Enhancing Global Economic Performance in Washington

International Monetary and Financial Committee Meeting: Governor of the Bank of Algeria Highlights the Role of Strong Governance in Enhancing Global Economic Performance in Washington

During the 53rd meeting of the International Monetary and Financial Committee in Washington, the Governor of the Bank of Algeria, Mohamed Lamine Labo, emphasized the need for financial policies to focus on strengthening regulatory and supervisory frameworks, monitoring emerging risks, and working towards price stability in light of the geopolitical situation in the Middle East. He added that enhancing strong international governance is a fundamental condition for improving global economic performance.

Apr 17, 2026radioalgerie.dz