Algerian President Abdelmadjid Tebboune recently held his periodic media meeting with national press representatives. During the meeting, which was broadcast on national television and radio channels, the President discussed several national, international, and regional issues of public interest. He emphasized the government's commitment to maintaining the purchasing power of Algerian citizens. According to President Tebboune, current efforts aim to strengthen income outside of hydrocarbons.
President Tebboune stated that most farmers are not responsible for the high prices, but those who are responsible must bear the consequences. He stressed that the government must preserve the purchasing power of citizens. The President also mentioned that the country's foreign exchange reserves are expected to be high by 2031. These efforts, he explained, are focused on strengthening non-hydrocarbon revenues, highlighting that the issue is not about having a hard currency but about Algeria's independence as a responsible and committed state.
The President discussed Algeria's progress in digitalization, stating that the country has reached an advanced stage in this field. He also reassured that Algeria, as a responsible state, has not engaged in any reckless behavior in the oil market. If there is a consensus, Algeria will adhere to it. President Tebboune reiterated Algeria's positions on its foreign policy, emphasizing that the country will not compromise its friendly relations with Russia, the United States, and China.
President Tebboune emphasized that Algeria has its own dignity and free decision-making. He also addressed the situation regarding certain local officials, stating that the era of individuals such as Qaïd, Bashagha, and Agha has ended, and some have been arrested. Furthermore, the President revealed that the total compensation provided to those affected by the forest fires that occurred in August has reached 1200 billion.
The President touched upon the attempted coup in Niger, stating that it occurred shortly after the visit of the Nigerien Prime Minister to Algeria. He described this as an attempt to provoke Algeria, indicating that some parties have overstepped their plans. As a result, Algeria sent military aircraft to Niger to support and stand in solidarity with its neighboring and brother country.
President Tebboune also mentioned the technical stop made by the Iranian President's plane at Algiers International Airport before continuing its journey to New York. He clarified that Algeria received the Iranian President as it would any other head of state, reflecting Algeria's independent and free decision-making.
In conclusion, President Tebboune's address covered a wide range of topics, from economic stability and foreign policy to regional security and international relations. His statements underscore Algeria's commitment to its sovereignty, economic stability, and solidarity with neighboring countries.
Key points
- Algeria aims to strengthen its non-hydrocarbon revenues to maintain economic stability.
- The country's foreign exchange reserves are expected to be high by 2031.
- Algeria will not compromise its friendly relations with major powers, including Russia, the US, and China.
