Maghreb Edition

Algeria: Series of audits unveils dismal practices and secrecy in public fund management

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Posted On 10 November 2021

Number of times this article was read : 394

Operating outside of the democratic principals and without any legitimacy, the various regimes that governed Algeria managed the state money without any transparency. Billions of dollars have been spent in projects that often never saw the light of day. Government institutions are earmarked money, which is spent without any form of accountability. The most notorious secretive spenders are military and security institutions as well as the Foreign Affairs ministry. Here are some examples where money was spent and no one seems to know where and how…

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