President Tebboune to Convene Business Leaders in Algiers
President Abdelmadjid Tebboune is scheduled to meet with Algerian employers this coming Wednesday, October 14, in Algiers. The meeting, initiated by the Council of Algerian Economic Renewal (CREA), will take place at the Abdelatif Rehal International Conference Center. This marks the third edition of such a presidential-employer dialogue, with previous gatherings held in November 2023 and April 2025, which focused on entrepreneurship, investment, competitiveness, and the development of non-hydrocarbon exports. The current engagement aims to further mobilize the business community in service of the country's national economic ambitions.
This meeting underscores the government's commitment to economic diversification, growth, employment, and wealth creation. President Tebboune recently reiterated the national ambition to achieve a Gross Domestic Product of $400 billion by the end of the current year or, at the latest, by the first quarter of 2027. Macroeconomic progress has been highlighted, with economic growth projected to reach between 4% and 4.2%, and a 5% increase in non-hydrocarbon activity anticipated. The state's ambitious economic policies are designed to enhance the business climate and promote investments, calling for strong involvement from both public and private productive sectors to support and consolidate the national economic development dynamic.
The dialogue between President Tebboune and the Patronat is also timely, occurring as the executive prepares to present the 2027 Finance Law (PLF 2027). This forthcoming legislation includes a range of measures intended to stimulate economic recovery through productive investment. Furthermore, the operationalization of the single investment window is designed to simplify procedures for both Algerian and foreign economic operators. Companies are recognized as essential levers for sustaining positive economic growth and enabling Algeria to strengthen its economic position on the African continent, translating economic opportunities into concrete achievements.
