Fares Habesh to “New Algeria”: The president’s strategic vision paves the way for $15 billion in exports in 2027 – New Algeria

The meeting, which was chaired by the President of the Republic, Abdelmadjid Tebboune, concluded a meeting on exports, in the presence of the Director of the Office of the Presidency of the Republic, members of the government, heads of economic institutions and members of the Algerian Economic Renewal Council, by drawing up a road paper for the advancement of this sector and formulating a new strategic vision that would transform our country into Franchise pole in the field of export.

The President also gave directives aimed at providing field accompaniment to economic operators and lifting all restrictions and obstacles, especially those related to export, as well as quickly addressing all concerns of exporters after listening to a number of concerns and projects of economic operators..

In this regard, economic expert Fares Habesh told “elhiwar us” that the meeting that took place the day before yesterday at the headquarters of the Presidency of the Republic, in which the President of the Republic designated some representatives of the Algerian government, led by the Minister of Foreign Trade and Export Promotion, as well as representatives of economic institutions, the second Of its kind in a short period of time, and this indicates anything, it confirms the great importance that the President attaches to developing exports outside of hydrocarbons, by diversifying the Algerian economy through Diversifying the national industrial fabric, diversifying the national product, and upgrading and strengthening the country’s production capabilities.

In the same context, Habesh continued, saying: “All the factors I mentioned are intertwined and will develop national exports outside of fuel, especially since the President of the Republic gave and implemented his strict instructions through this meeting and even the one before it to accurately and quickly address the concerns of exporters and exporting institutions, especially in terms of administrative facilities.” And tax and customs duties, as well as logistical transportation, technical accompaniment, and the preparation of marketing studies,” he added, stressing: “What would give smooth, streamlined, and ease of entry for products.” Algerian exports to foreign markets, especially since Algeria aims to diversify the national economy and diversify exports outside of hydrocarbons to ensure the sustainability of the national economy on the one hand and to ensure the diversification of sources of income and sources of wealth on the other hand, as well as to ensure the protection of the national economy from tremors and fluctuations in oil and gas prices on the global market.”

The economic expert considered that the president’s approach came in light of the fluctuations and geopolitical and economic tensions that the world has known in recent years and is likely to know in the coming years, especially since all predictions and indicators suggest changes at the level of the global economic system in particular and geopolitics in general.

Fares Habesh stressed that the meeting would give broad outlines, present a temporary agenda, and establish an accurate diagnosis of the most important problems facing exporting economic institutions in Algeria, and thus eliminating these problems and alleviating the severity of these problems would double export numbers if radical solutions were found. For it, considering that exports outside of hydrocarbons continued to range between 5 to 7 billion dollars in the period extending between 2022 and 2024, which is a number, albeit positive, and reveals a major development in Exports outside of fuel compared to the numbers recorded by the national economy in previous eras.

The same spokesman added, saying: “Algerian exports outside of hydrocarbons did not exceed one billion dollars, and most of them are petroleum derivatives. This number is encouraging and motivating, but it remains insufficient and does not satisfy the desired and established goals and does not live up to the very large economic potential that the national economy possesses, whether related to Agricultural products, agricultural products, food industries, manufacturing industries, as well as the iron and steel industry, not to mention metal transformation, the plastics industry, the household appliances industry, and the pharmaceutical industry. …and many Algerian products, in which Algeria has a great ability to enter foreign markets, whether African, European, or even Asian.”

The economic expert referred to the development witnessed by the Algerian product, stressing that it has witnessed great momentum in recent years, but the main goal remains development and accompaniment to achieving the ultimate goal of achieving $15 billion in exports by the year 2027 and $30 billion by the year 2023.

Stressing that reaching this number comes within the strategic agenda set by the President of the Republic, and he spoke more than once about the necessity of mobilizing all capabilities to reach it, by embodying this strategic vision and setting goals such as providing policies, procedures and operations on the ground to reach Algeria, a leader in its exports.

Habesh considered that providing a strategic vision and future goals in itself is a positive, systematic and scientific thing that we can rely on to reach the established goals, stressing that such a type of periodic meetings of the president with the actors in the national production system and in the export system would give a current assessment of all This period will reveal the real problems facing exporters by finding radical and effective solutions in a timely manner. This is what enables us to push forward exports of non-hydrocarbons and thus achieve To achieve the strategic objectives of the strategic plan for non-hydrocarbon exports.

The expert concluded by saying: “I think that the President of the Republic’s listening to the representatives of economic institutions directly to the actors in this system would diagnose the situation accurately, and the meeting will be followed by a group of meetings in the coming periods, since the role of these meetings is to diagnose, as well as evaluate, evaluate, and give solutions, and thus accompany the strategy.” Ruler patriotism.”

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