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End of the Cash: Algeria Relies on a New Strategy

Algeria is undertaking a major change to reduce the use of cash in its economy, which is part of a series of reforms aimed at strengthening electronic payments, promoting financial inclusion and combating fraud. The main objective is to make transactions more transparent and reduce the risks associated with illegal practices, such as money laundering, often facilitated by the excessive use of cash. A transition to electronic payments One of the …
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Algeria is undertaking a major change to reduce the use of cash in its economy, which is part of a series of reforms aimed at strengthening electronic payments, promoting financial inclusion and combating fraud. The main objective is to make transactions more transparent and reduce the risks associated with illegal practices, such as money laundering, often facilitated by the excessive use of cash. A transition to electronic payments One of the …

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observalgerie.com broke the news in on Sunday, February 1, 2026.
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