Algeria To Curb ‘Illicit’ Outflows
Foreign exchange transferred by Algeria abroad to finance imports during Jan-May 2013 rose by 13.6% from Jan-May 2012 to $30.45bn. Reacting to this rise, Algerian PM Abdelmalek Sellal instructed Finance Minister Karim Djoudi to curb illegal forex transfers by tightening up current regulations, Algerian news agency APS reported on 3 August. He also asked Mr Djoudi to take all necessary measures against companies...
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