Candidates' Promises for Economic Growth
As Algeria approaches its presidential elections on September 7th, candidates are making bold promises aimed at economic development and improving the living standards of citizens. Abdelmadjid Tebboune, running for a second term, has pledged to create 450,000 job opportunities for young people and boost the national income to $400 billion by 2027. His vision includes enhancing local production and achieving food security, ensuring that Algeria does not import essential grains by 2027.
Vision for a Diversified Economy
Youssef Ouchich, representing the Socialist Forces Front, aims to establish a diversified national economy that reduces Algeria's dependence on hydrocarbons. His program includes initiatives for food security and increasing exports, while focusing on revitalizing agriculture and tourism. Ouchich's commitment to developing the industrial sector reflects a growing recognition among candidates of the need for economic resilience against external shocks.
Social Welfare and Economic Realities
Abdelali Hassani Cherif of the Movement of Society for Peace emphasizes the importance of social welfare and economic freedoms. His proposals include reviewing investment laws to create equal opportunities for all investors. Economic experts suggest that voters are more concerned with tangible economic progress than political slogans, indicating a shift in priorities as Algeria prepares for a critical electoral moment.
