Tebboune praises finance sector for GAFI removal
An article titled "Algeria Overcomes the FATF Grey List" reports that President Abdelmadjid Tebboune announced Algeria's successful removal from the Financial Action Task Force (FATF) grey list, thanks to the efforts of the Ministry of Finance and the Bank of Algeria. He explained that this achievement reflects an international recognition of Algeria's improved reputation, which had suffered from illegal financial practices before 2019, and that the country is now moving beyond an era of money laundering and capital crimes. The president also issued directives to the relevant ministers to strengthen transparency and combat financial violations in the future.
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