Algerian President Abdelmadjid Tebboune publicly accused unnamed entities of attempting to deplete Algeria’s foreign exchange reserves during a meeting with business leaders on Wednesday, October 14th. The accusation was made at the Centre international des conférences d’Alger. Tebboune urged mobilization to combat what he termed “parasites” and counteract these efforts, signalling concerns about economic stability. Details of the specific "attempts" were not immediately released. This statement suggests potential internal economic tensions or concerns about external pressures on Algeria’s financial resources. The President's remarks indicate a desire to strengthen economic controls and safeguard the country's reserves. Further announcements regarding specific measures are anticipated.

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