The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, expressed her admiration for Algeria’s dynamism on Thursday, praising its macroeconomic stability, development, and low inflation.<\/p>\n
In a statement following her meeting with President Tebboune, Georgieva said: “We held an extensive and rich discussion with the President, where I had the opportunity to express my gratitude to Algeria for hosting a meeting of paramount importance regarding the connection between Europe and Africa through North Africa.”<\/p>\n
She continued: “We commend the significant progress Algeria has made in macroeconomic stability and development, as well as the reduction in the inflation rate, which is reflecting positively on the economy.”<\/p>\n
The spokesperson added: “I want to express the IMF’s full support for Algeria’s ongoing efforts to diversify its economy.”<\/p>\n
She also noted that “Algeria is focusing its efforts on creating job opportunities for youth, supporting entrepreneurship and startups, and investing in human capital, which represents the country’s future.”<\/p>\n
The IMF Director concluded her statement by saying: “This is my first visit to Algeria, and I have been impressed by the beauty and dynamism of the country. Thank you.”<\/p>\n