Finance Minister Mohamed Loukal – one of the administration's more respected officials (but so was his predecessor Karim Djoudi and that didn't protect him from facing the Supreme Court on corruption charges) – has presented a draft budget for 2020 that includes 7...
Algeria's ex-Prime Minister Ahmed Ouyahia seen as Bouteflika's most likely successor just a few months ago Finance Minister Mohamed Loukal and former police chief Abdelghani Hamel have all appeared in court this week in three different cases involving corruption allegations...
Another announcement on 31 March that the caretaker Prime Minister Bouteflika loyalist Noureddine Bedoui had undertaken a 'sweeping' reshuffle was intended to build confidence by naming competent officials like Banque d'Algérie (BdA) governor Mohammed Loukal as interim Finance Minister and power specialist Mohammed Arkab at energy...
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Mohamed Loukal Governor of the central bank the Banque d'Algérie has reported foreign reserves falling to $109 bn...
This followed the appointment shortly beforehand of Mohamed Loukal to replace the long-serving Governor of the central bank the Banque d'Algérie Mohamed Laksaci...
