Algerian president discusses Niger, IMF, and prices

Algerian President Abdelmadjid Tebboune addressed several key national issues, including the country's foreign exchange reserves, purchasing power, and relations with Niger. He contradicted the International Monetary Fund's assessments regarding reserves, framing their management as a matter of national sovereignty. Tebboune also condemned price speculation, particularly on fruits and vegetables, calling it a "crime against the people."

The President's statements come amid rising inflation and regional instability following the coup in Niger. His remarks on foreign exchange reserves suggest a divergence from international financial institutions' recommendations, asserting a more independent economic policy. The focus on domestic economic challenges and regional security highlights Algeria's complex geopolitical position.