President Abdelaziz Bouteflika on Tuesday fired Algeria's central bank chief, who had been under pressure from ruling party critics over his management of fall-out from the global oil price drop, two government sources said.
Algerian president fires central bank governor
No official declaration had been made so far about the dismissal of Mohammed Laksaci, who had been the central bank governor for more than a decade.
Bank of Algeria Governor Mohammed Laksaci makes remarks during a discussion on "Falling Commodity Prices and the Myth of Peak Oil" at the IMF and World Bank's 2015 Annual Spring Meetings, in Washington April 18, 2015.
Recommended articles
![Top 7 destination to live in Africa. [Getty Images]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'100'%20height%3D'100'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "Top 7 destination to live in Africa. [Getty Images]")
No official declaration had been made so far about the dismissal of Mohammed Laksaci, who had been the central bank governor for more than a decade.
Bouteflika had held a cabinet meeting early on Tuesday, according to state news media.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
How we reduced road traffic crashes by 42% – FRSC boss
Motorists express worry as long fuel queues resurface in FCT
Reno's $10,000 Challenge: I didn't build any school in Anambra, Obi opens up
Bullied student threatens Abuja school with lawsuit if abusers are not punished
EFCC withdraws appeal against Yahaya Bello
Gov Zulum wants Army to establish military base in Sambisa forest
2 Wike loyalists exit Fubara's cabinet as Governor reshuffles
Ganduje believes APC is the answer to Nigeria’s problems
Spate of deaths strikes Nigerian movie industry, Nigerians calls for action
ADVERTISEMENT
![Ukrainian President, Volodymyr Zelensky and US President Joe Biden [BBC]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'300'%20height%3D'172'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "Ukrainian President, Volodymyr Zelensky and US President Joe Biden [BBC]")