Summary of press briefing by President Abdelmadjid Tebboune on 11 July 2024

The President of the Republic, Abdelmadjid Tebboune, held a media meeting with the national press on Thursday evening, addressing various national, regional, and international issues.

Announcing his candidacy for a second presidential term, Tebboune emphasized that his electoral program will aim to complete current achievements and guide Algeria towards security at all levels.

Promising Economic Forecasts

The president announced that the national income will reach $400 billion by the end of 2027. He highlighted Algeria’s positive economic indicators, noting the recognition of these progressions by major international institutions such as the World Bank and the IMF. Tebboune also mentioned the increase in state revenues, the recovery of billions of dollars in diverted funds, and the rise in non-hydrocarbon exports.

Public Satisfaction and Confidence

Tebboune asserted that Algerians are satisfied with the developmental advances and can discern truth from falsehoods. He also emphasized the end of the hemorrhaging of the public treasury and the recovery of diverted funds, which bolsters optimism for the future.

Commitment to Housing

Reiterating the state’s commitment to providing decent housing, Tebboune assured that ongoing programs are financially viable. He reminded that current achievements are the result of the Algerian people’s efforts, also thanking political parties for their support.

Algeria, a Respected Nation

Tebboune declared that Algeria is now respected both militarily and politically. He expressed his intention to consolidate the gains of his first term, despite the challenges posed by the COVID-19 pandemic and the fight against corruption.

Support for Algerians Abroad

The president highlighted the crucial role of the diaspora in supporting Algeria’s development, recalling the state’s efforts to protect their interests, which has strengthened their patriotism.

Rejection of Past Practices

Tebboune stated that the new Algeria rejects the practices of the past and that the people have triumphed over the counter-revolution. He criticized those who downplay the country's successes due to submission to foreign interests.

Trust and Principles

The president reiterated that Algeria’s successes are the result of everyone’s efforts and expressed his pride and gratitude to the people and national institutions for the trust placed in him.

Finally, he insisted that sovereignty belongs to the people, who have the right to choose their destiny, and that Algeria, true to its principles, will continue to defend its dignity and independence.

Belgacem Merbah

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