Journan — Accueil

Tebboune warns against attempts to drain foreign currency reserves

President Abdelmadjid Tebboune, while addressing a national meeting with economic operators at the International Conference Center, warned against "parasites" attempting to deplete the nation's foreign currency reserves without providing any tangible benefit to the country. The President emphasized the state's resolve to support honest economic actors and urged a collective effort to counter such practices. Highlighting the achievements in the non-hydrocarbon sector and the benefits of recent legal reforms, Tebboune encouraged the development of a competitive, modern economy capable of withstanding global volatility. He pointed to major infrastructure projects, such as the railway connecting Tindouf to Oran, as evidence of the concrete progress made in the country's economic strategy.