Ahmad 
Algerian President Abdelmadjid Tebboune expected Algeria’s national income to rise to $400 billion by the end of 2027.
President Tebboune pointed out that Algeria has achieved positive economic indicators in recent years, which paves the way for placing the Algerian economy among the economies of emerging countries.
Tebboune said: “What we have done is the basis for making our economy the economy of an emerging country in the full sense, and all the indicators announced are real and recognized by major international institutions, such as the World Bank and the International Monetary Fund.”
Tebboune reviewed a set of indicators that reflect the strength of the national economy, including an increase in state revenues, a cessation of the bleeding of the public treasury, and the recovery of billions of dollars in stolen funds.
He explained that Algeria registered eight thousand investment desires with the Algerian Investment Promotion Agency, and it also succeeded in raising the value of exports outside the hydrocarbon sector and reducing imports, especially imports of construction materials.
The Algerian President expressed his optimism about the future of the national economy, stressing Algeria’s readiness to achieve an additional leap in economic growth, based on the positive indicators issued by international institutions.
Tebboune stressed the government’s commitment to continuing efforts to strengthen the national economy and achieve sustainable development.
Algeria’s “Corrupt Money” Cases: Dozens of Politicians and Elected Officials Imprisoned