Algeria is implementing four new measures to curb fraud within its import-export sector, addressing issues of unreported earnings, fragmented transactions, and artificial shortages. The government aims to prevent the illicit outflow of foreign currency, which has contributed to price increases and product scarcity. Previously, exporters were allegedly failing to repatriate earnings from sales abroad, while importers manipulated operations to evade oversight. These new regulations seek to increase transparency and accountability in international trade. Details on the specific measures were not fully elaborated in the initial report, but they represent a significant effort to stabilize the Algerian economy and address concerns about financial irregularities. The move signals a crackdown on practices that have negatively impacted domestic markets and currency reserves.
