Economics Affairs

The President of the Republic Abdelmadjid Tebboune: the Need to diversify wealth-generating economic activity

APS - 19 December 2019

ALGIERS-President of the Republic, Abdelmadjid Tebboune stressed Thursday in Algiers the need to diversify wealth and employment generating economic activity to achieve social equity and non-hydrocarbon development.
"We intend to build a strong, diversified national economy, wealth-generating, job-creating, and a vector of social well-being capable of strengthening our food security and protecting the country from the fatal dependence on hydrocarbons " said President Tebboune in his first speech to the nation after the inauguration ceremony at the Palais des Nations.

The Head of State has, in this context, launched a "sincere appeal to all honest patriotic businessmen and to public and private economic enterprises to invest fully in all sectors and in all regions of the country", ensuring that "the state will provide them all the support they need".