Algeria Names New Finance Minister

Algerian President Abdelmadjid Tebboune appointed central bank governor Mohamed Lamine Lebbou as finance minister in a partial cabinet reshuffle. The presidential statement also announced several other ministerial changes.

Algerian President Shuffles Cabinet

Algerian President Abdelmadjid Tebboune appointed central bank governor Mohamed Lamine Lebbou as finance minister on Tuesday afternoon in a partial cabinet reshuffle. The move places the nation's monetary chief at the head of fiscal policy just months after his February appointment to the central bank. Investors are tracking the fiscal implications as Algeria navigates its broader economic transition.

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