Algerian President Affirms Independence

Algerian President Abdel Madjid Tebboune confirmed during his media interview that the government is focused on maintaining citizens' purchasing power, while also working to strengthen income sources outside of hydrocarbons to achieve economic independence. He also indicated that the foreign exchange reserves are expected to remain high until 2031. Regarding regional affairs, Tebboune emphasized Algeria's adherence to its sovereignty and independent decision-making, while maintaining relations with major countries such as Russia, the United States, and China. He further stated that Algeria sent military aircraft to Niger in response to the attempted coup there and reaffirmed the country's commitment to clear policies in the oil market and to avoid financial recklessness.

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