President Tebboune Outlines Vision for Diversified Algerian Economy

President Abdelmadjid Tebboune presided over a meeting with economic operators at the Abdelatif Rahal International Conference Center, underscoring the strong political will to foster economic development and investment. He emphasized the ambition to build a contemporary economy capable of confronting global fluctuations. During this session, President Tebboune commended the significant advancements made in investment, particularly following the review of the legal framework.

President Tebboune affirmed that the indicators recorded in non-hydrocarbon Gross Domestic Product reflect dedicated efforts to diversify the national economy and reduce its reliance on hydrocarbons. He clarified that these achieved results signify a clear trajectory towards constructing a diversified national economy, one that is equipped to navigate global economic shifts and enhance growth sources beyond the hydrocarbon sector.

The President further highlighted the state's proactive presence and steadfast support for economic operators across various regions, which demonstrates a clear political commitment to accelerate economic and investment momentum. He reiterated that such gatherings provide valuable opportunities for communication between economic actors and government members, thereby facilitating an environment conducive to investment development and robust production support. This approach is integral to the state's broader strategy of cultivating a modern economy capable of adapting to global economic transformations and challenges.