{"id":3323,"date":"2023-10-22T11:39:07","date_gmt":"2023-10-22T10:39:07","guid":{"rendered":"https:\/\/dzwatch.net\/?p=3323"},"modified":"2026-09-04T00:53:58","modified_gmt":"2026-09-03T23:53:58","slug":"algerian-finance-minister-inaugurates-pioneering-e-payment-initiative-in-sidi-abdellahs-new-city","status":"publish","type":"post","link":"https:\/\/dzwatch.dz\/?p=3323","title":{"rendered":"Algerian Finance Minister Inaugurates Pioneering E-Payment Initiative in Sidi Abdellah&#8217;s New City"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">On Sunday, <a class=\"dzsl-auto-link dzsl-external\" data-dzsl=\"external\" href=\"https:\/\/en.wikipedia.org\/wiki\/Special:Search?search=Algerian%20Finance%20Minister\" rel=\"noopener noreferrer\" target=\"_blank\">Algerian Finance Minister<\/a>, Laziz Faid, presided over a special conference to launch an ambitious project in the new city of Sidi Abdellah, positioning it as a model city for electronic payments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThis initiative embodies a pioneering and exceptional model aimed at creating an electronic environment to facilitate infrastructural services and enhance financial security,\u201d Faid announced during the conference marking the launch of the &#8220;Model City for E-Payment.&#8221; The choice of Sidi Abdellah for this groundbreaking project underscores the government\u2019s strategy to spur economic opportunities in less developed regions. \u201cWe aim to set a tangible example, and our decision to start here in Sidi Abdellah is deliberate, given its modern, innovative nature,\u201d the Minister explained.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Faid highlighted the recent transformations in the banking sector, noting, \u201cThe sector has reached a turning point, becoming more modern and flexible, thereby capable of managing crises. Our pragmatic approach acknowledges the challenges inherent in realizing this project.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In a related context, Laziz Faid emphasized, \u201cToday marks the beginning of an important phase for digitizing electronic payment, with the objective of boosting the national <a class=\"dzsl-auto-link dzsl-internal\" data-dzsl=\"internal\" href=\"https:\/\/dzwatch.dz\/?cat=50\">economy<\/a>. We will strive to establish a robust legal framework to promote electronic payments in <a class=\"dzsl-auto-link dzsl-internal\" data-dzsl=\"internal\" href=\"https:\/\/dzwatch.dz\/?cat=1\">Algeria<\/a>.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Minister assured that the e-payment city project would be extended to other Algerian cities and states, emphasizing the significance of electronic payment as a crucial means for digital transformation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In a separate announcement, Finance Minister Laziz Faid declared the commencement of &#8220;Financial Literacy Week&#8221; across all national universities this Sunday.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The project underscores Algeria&#8217;s commitment to digital transformation and financial inclusivity, setting a precedent in the region&#8217;s economic landscape. This initiative is anticipated to not only revolutionize the financial sector but also set a new standard for modernization and digitalization, potentially attracting more foreign investment and boosting economic resilience.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Be sure to follow this transformative journey as Sidi Abdellah paves the way for a digitized economic future, reinforcing Algeria&#8217;s position in the global digital economy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Sunday, Algerian Finance Minister, Laziz Faid, presided over a special conference to launch an ambitious project in the new city of Sidi Abdellah, positioning it as a model city for electronic payments. \u201cThis initiative embodies a pioneering and exceptional model aimed at creating an electronic environment to facilitate infrastructural services and enhance financial security,\u201d &hellip;<\/p>\n","protected":false},"author":1,"featured_media":3324,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"cybocfi_hide_featured_image":"","iawp_total_views":3,"footnotes":""},"categories":[1,38],"tags":[],"class_list":["post-3323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-algeria","category-technology"],"acf":[],"_links":{"self":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts\/3323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3323"}],"version-history":[{"count":2,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts\/3323\/revisions"}],"predecessor-version":[{"id":71225,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts\/3323\/revisions\/71225"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/media\/3324"}],"wp:attachment":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}