Algeria’s central bank, the Banque d’Algérie, has implemented a new measure to accelerate export operations. A recent directive issued on July 28th mandates that intermediary banks process export-related files within a strict 48-hour timeframe. This decision aims to encourage and streamline the country’s export activity. The directive comes from the Directorate General of Exchanges, a department within the Banque d’Algérie. Banks are expected to handle these transactions with all due haste, indicating a push for efficiency. This move signals a broader effort to improve Algeria’s trade environment and support exporters. The initiative was first reported by TSA, an Algerian news source.

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