A solemn intervention before Parliament
This Sunday, December 29, 2024, Abdelmadjid Tebboune, President of the Algerian Republic, delivered a significant speech to the two houses of Parliament meeting at the Palais des Nations of Club des Pins in Algiers. This address, addressed to the nation, opens a new stage in his second presidential term.
In his introduction, Tebboune underlined his desire to maintain transparent governance and guarantee the dignity of citizens. His speech covered key areas of the country's development, including the economy, housing, the fight against corruption and national dialogue. Here are the key announcements.
Green economic indicators: an Algeria that is diversifying
Abdelmadjid Tebboune presented a positive picture of Algeria's economic performance. Thanks to the new economic model focused on diversification and encouragement of the private sector, the country has recorded significant progress. He declared: “All Algeria's economic and financial indicators are green,” citing analyzes from the World Bank and the IMF.
This model aims to reduce dependence on hydrocarbons and promote entrepreneurial initiatives, particularly in the sectors of agriculture, industry and innovative technologies.
10,500 investment projects in progress: a springboard for growth
The president praised the positive effects of the new investment law, which made it possible to launch 10,500 projects across the country. This law offers tax advantages, specialized economic zones and a simplification of administrative procedures.
Among the priorities identified: attracting foreign investors and supporting young Algerian entrepreneurs, particularly those from the diaspora.
Housing: a roof for every Algerian
Housing remains a strategic priority. Tebboune announced that Algeria is now self-sufficient in the production of construction materials, such as cement, thus reducing costs and delivery times.
“Housing is no longer a burden for the State,” he said, while reiterating the objective of eliminating slums and precarious housing.
The fight against corruption: a national priority
The fight against corruption continues to be at the heart of the reforms. Tebboune insisted on the separation of political and economic power to guarantee ethical governance.
He also highlighted judicial reforms that strengthen transparency and restore citizen confidence.
Inclusive dialogue and local governance
Tebboune called for strengthening the internal front through an inclusive political dialogue. “This dialogue will meet internal issues and regional challenges,” he assured.
Furthermore, he announced a review of laws relating to local authorities to modernize governance and promote democracy at the local level.
Key points of the speech
- Economy : positive financial indicators and a diversified development model.
- Investment : 10,500 projects in progress and a stable law for investors.
- Accommodation : 100% local production to meet the needs of citizens.
- Natural resources : exploitation of Gara Djebilet iron from 2026.
- Self-sufficiency : excess electricity for export and autonomy in wheat.
- Fight against corruption : a priority for cleaning up the economy.
- International affairs : support for Palestine and Western Sahara.
A vision for a modern Algeria
Through this speech, Abdelmadjid Tebboune reaffirmed his ambition to transform Algeria into a stable, prosperous and modernized nation.
With bold economic reforms, a constant fight against corruption and a commitment to national dialogue, the president is charting a promising future for his country.
