Algeria 2009, a new dynamics |
Algeria in 2009 is finally engaged in a dynamic development unprecedented. The huge efforts made since the last six years in all fields and stability restored allow the country to resume at an accelerated pace to the path of economic growth and offer tremendous opportunities for companies in all sectors, banks, companies 'assurances to be strongly involved in the extensive program of investment in strategic sectors and added value.
The show will resolutely promote economic necessarily stronger commitment and more sustained with foreign partners. The Economic Development Program projected estimated at several tens of billions of dollars supported by a financial upturn driven by the energy sector, is a reality unambiguous potential business that opens to partners and foreign companies. The opportunities offered by this program are an important investment in the IT industry, ICT, banking and insurance. | Mr President Abdelaziz Bouteflika, Algerian Republic
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The development of the financial sector is a priority for the government. It aims:
- The strengthening of stability and profitability of the banking sector;
- Higher efficiency of the credit market and reducing the cost of intermediation;
- The rapid modernization of information systems and payment for improving the quality of banking services;
- Substantial development of mortgage banking;
- Improving the performance of the market for lending / borrowing;
- privatization of public banks, which should allow to accelerate the modernization of the banking sector as a whole by improving the level of competition and increasing financial intermediation .
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The Algerian State invested 150 billion by 2009. An unprecedented commitment of a country that wishes to upgrade its basic infrastructure and in strategic sectors and added value. The economic development program supported by a financial upturn driven by the energy sector is a reality unambiguous potential business that opens to partners and foreign companies. |
| The show will resolutely promote economic necessarily stronger commitment and more sustained with foreign partners. | | The opportunities offered by this program are an important investment in the IT industry, application of ICT, services Banking and Insurance. | |
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