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Algerian president appoints fifth governor since 2016

Previous governor became finance minister in June as government faces severe economic problems

Bank of Algeria
The Bank of Algeria

Algeria’s president has appointed Rosthom Fadli as the country’s central bank governor, making him the fifth person to hold the role since 2016.

Since 2014, Algeria has had six finance ministers, one of whom served twice, and two of whom have been former central bank governors. The rapid turnover in senior economic policy-makers is likely to be in part a reflection of the Algerian government’s difficulty in confronting economic difficulties.

President Abdelmadjid Tebboune announced on

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