23 Mins
Source:
المساء
Economy Can Adjust to Growth Drivers
International Monetary Fund assessments have shown that the Algerian economy possesses a sufficient margin of adaptability to real growth drivers, with a non-hydrocarbon growth rate of 4.3% reflecting the success of the economic diversification policy. This enhances Algeria's ability to manage financial affairs and attract foreign investments, especially after exiting the gray zone of the GAFI (Financial Action Task Force) grouping. Despite these positive indicators, Bouhwarb emphasizes the importance of maintaining balances by reducing the gap between the official and parallel exchange rates and continuing reforms to strengthen financial reserves and turn economic resilience into sustainable development.
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