Algeria lives on the impact of important partnerships that seek self -sufficiency and heading towards export – New Algeria

In an analytical reading of the most prominent statements president Abdul Majeed Taboun on the economic side, through which he mentioned the importance of the agricultural sector, the analyst and economist, Professor Hakim Bouhreb stressed that this sector is viewed by Algeria as a priority by focusing on investment and enhancing mechanization in addition to acceleration in the field of digitization in addition to raising the cultivated and harmonious areas as well as opening the doors of important foreign partnerships similar to the Qatari partner.

Regarding the launch of a funding fund Emerging institutions The innovative youth in Africa, which was announced by the President of the Republic, referred to Hakim Bouhib, who was a guest of the Meldidia Economy Program that this measure is among the most important tools for access to the African economy through a real political desire towards positioning in Africa, as well as opening the field and facilitating transactions between Algerian and African economic dealers.

On the issue of emerging institutions, Hakim Bouhreb said that it is the cornerstone of which the policy of localization of technology in Algeria was built, and this is a strategic goal that Algeria seeks.

On the issue of inflation that the President of the Republic referred to in his recent statements, Bouhreb emphasized that inflation rates decreased to 4 percent, and this is among the most important achievements at the cash level, which indicates the ability to manage the critical scene in the country.

The digitization that the President of the Republic insists on every time Hakim Bouhib described it as one of the most important keys to development. Algeria has added to this issue the urgent nature, and it is one of the most important citizen of economic takeoff, as it addresses negative practices in the financial field such as corruption and smuggling money and adds greater transparency of increasing quality and reaching more governance in the financial sector.

Regarding the President’s keenness to rationalize public spending, Hakim Bouhreb stressed that Algeria targets this issue in line with the reformist orientations of the Algerian economy and in a manner that ensures the enabling of the state to carry out its social obligations, as Algeria adopted the largest budget during the current year confirms that public spending in Algeria is witnessing an ascending trend to ensure economic reform and social gains for the Algerian citizen.