Algeria’s removal from the Financial Action Task Force gray list in June 2025 was celebrated as a major diplomatic and regulatory victory. The International Monetary Fund acknowledged progress in combating money laundering, providing international legitimacy to the regime’s regulatory apparatus. However, the same IMF report delivers stern warnings that expose deep structural failures in its economic management. This contrast between partial success in anti-money laundering compliance and a glaring warning on monetary policy highlights the regime’s inability to build a resilient economy beyond oil rents and reckless money printing.

Algeria’s removal from the Financial Action Task Force gray list in June 2025 was celebrated as a major diplomatic and regulatory victory. The International Monetary Fund acknowledged progress in combating money laundering, providing international legitimacy to the regime’s regulatory apparatus. However, the same IMF report delivers stern warnings that expose deep structural failures in its economic management. This contrast between partial success in anti-money laundering compliance and a glaring warning on monetary policy highlights the regime’s inability to build a resilient economy beyond oil rents and reckless money printing.

The successful exit from the gray list followed intensive efforts to align national legislation with international standards. To achieve this, the government implemented several restrictive measures, including banning cash payments for real estate and new vehicle purchases, tightening controls........

© The Times of Israel (Blogs)