Tebboune, Algerian president, promises laws against speculators
By the AFREEQUE newsroom, based on TSA
At the opening of the 2026-2027 judicial year at the Supreme Court in Algiers, President Tebboune warned that new laws will be adopted against speculators if deterrent measures prove insufficient. He also urged magistrates to fight illicit enrichment, according to TSA.
Algerian President Abdelmadjid Tebboune announced on Sunday 15 November that new laws would be enacted against speculators if the existing measures prove insufficient. He was speaking at the opening of the 2026-2027 judicial year at the headquarters of the Supreme Court in Algiers, according to the Algerian press, including TSA.
The head of state asked magistrates to adapt to a period that he said is marked by 'the proliferation of greed and illicit enrichment' and by behaviour that 'threatens the social fabric'. 'The honest majority is suffering because of a corrupt minority,' he said, arguing that the judiciary must put an end to this situation.
Mr Tebboune also defended the liberalisation of the Algerian economy while preserving its social character, and argued that 'the protection of vulnerable and middle classes is a duty towards the martyrs'. He accused 'gangs' of fighting the state by 'artificially creating shortages' and targeting young people through drugs. In response to these practices, he recalled the opening of the Tanezrouft prison and the reinstatement of the death penalty, and threatened even stricter measures.
This statement by the Algerian president comes a week after his order on 8 November to step up checks and impose the maximum sentences on speculators. On 15 November, he also mentioned taking action at the source of the drugs.
