Algiers – Kamal Moula has been re-elected as the President of the Algerian Economic Renewal Council (CREA). The decision was made during the general assembly of the organization of employers held today in Algiers.
Moula’s re-election signifies a renewed vote of confidence in his leadership and vision for the council. He will serve a new term of three years, during which he is expected to continue driving initiatives aimed at bolstering the Algerian economy and fostering a favorable business environment.
The CREA plays a crucial role in shaping economic policy and promoting dialogue between the government and the private sector. Under Moula’s leadership, the council has been instrumental in advocating for reforms, attracting investment, and supporting the growth of Algerian businesses.
Key priorities for the upcoming term are expected to include:
- Further streamlining bureaucratic processes to facilitate investment.
- Promoting diversification of the Algerian economy beyond hydrocarbons.
- Supporting the development of small and medium-sized enterprises (SMEs).
- Enhancing the competitiveness of Algerian businesses in regional and international markets.
The re-election of Kamal Moula comes at a critical juncture for the Algerian economy, as the country seeks to navigate global economic challenges and implement its ambitious development agenda. Stakeholders will be watching closely to see how the CREA, under Moula’s continued leadership, will contribute to achieving these goals.
