Money laundering as a mechanism for safeguarding the Algerian economy
Keywords:
Money laundering, Algerian economy, financial crimes, economic security, legal frameworkAbstract
Money laundering refers to the process through which large sums of illicitly acquired funds are transformed into seemingly legitimate assets that can circulate within lawful economic activities. This phenomenon generates severe economic repercussions, including the erosion of financial stability, reduced investment flows, and depreciation of the national currency against foreign currencies. In response to the growing complexity and transnational nature of money laundering, Algeria has adopted an active legal and institutional framework, ratifying several international conventions and enacting comprehensive domestic legislation aimed at curbing this financial crime. The present study seeks to examine the principal mechanisms established within Algerian law to combat money laundering and to assess their role as instruments for preserving the integrity and resilience of the national economy.
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