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HomeNewsAfricaAlgeria’s new Minister of Finance Brahim Djamel Kassali is no stranger to...

Algeria’s new Minister of Finance Brahim Djamel Kassali is no stranger to the private sector

Has Algeria’s President Abdelmadjid Tebboune finally found a hidden gem to run the benighted ministry of finance?

The instability in the post of Minister of Finance – three incumbents in three years – has been high since Tebboune’s arrival in power in December 2019. By officially installing Brahim Djamel Kassali (67) on 14 July, the Algerian head of state entrusted the post to a leader with a profile that is more complex than it appears. In a career spanning forty years, Kassali has helped the Algerian state resolve a major debt crisis… and helped transform the country’s financial industry.

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