Economy, modernity, and national development: The Head of State's commitments

In a speech that was both firm and benevolent, conveyed through clear, reassuring, and inspiring messages, he reviewed the progress made over the past year, outlined future priorities, and called for unity in the face of internal and external challenges.

Through this address, which has been part of the institutional ritual since 2023, he reaffirmed his Algerian vision, determined to consolidate its reforms, strengthen its sovereignty, and move resolutely toward stability, modernity, and progress for all its citizens.

The President said he was very pleased with this meeting, which continues a constitutional tradition. He immediately praised the momentum that has marked the Parliament's activity, thereby increasing the effectiveness of the legislative branch and highlighting its role as one of the pillars of the Algerian state's institutions, particularly through the exercise of the right of legislative initiative to propose new laws such as the law on nationality and the law criminalizing colonization.

He specified that this meeting was part of “our commitment to engage in dialogue with the people, through their representatives in Parliament, who sincerely express the political will that we will not deviate from and that we will rigorously implement,” in accordance with the commitments made since he had the honour of receiving the people's trust. He reaffirmed his commitment to dialogue, as he had already explained to the political parties. “As soon as Parliament adopts the law on political parties, a new phase will begin. Everything I have promised the parties will be implemented,” he assured. The President emphasized that he has already fulfilled his commitments and remains faithful to his promise to defend the nation’s interests.

“We will continue the reform process.”

Speaking before parliamentarians, he stated that neither difficulties nor attempts to resist change, whether from within or without, would hinder this trajectory. “We will relentlessly pursue the reform process on all fronts and in all sectors involved in implementing sustainable development programs and meeting the basic needs of citizens,” he said firmly.

Regarding the economic sphere, he specified that reforms will continue, even more effectively, by consolidating the rules of governance for the people and by the people, fighting corruption, and eradicating any signs of negligence or indifference in certain matters.

Justice, he insisted, will remain vigilant in the face of all manifestations of corruption and any professional misconduct in the performance of duties. In return, all honest executives and public officials will enjoy protection. In this context, and to fulfil his commitments to the men and women of the judiciary, he recalled that the status of the judiciary is now a concrete reality, following parliamentary debates. Returning to the economy, the President confirmed that Algeria has entered a decisive phase, marked by significant progress in terms of integration into both local and foreign investment circuits.

In support of his remarks, he cited the results achieved by the National Investment Promotion Agency, which he considers a solid indicator of the relevance and accuracy of the policy applied. He noted that the number of investment projects has now reached 19,000 in two and a half years, representing a total of 8.242 billion dinars, or approximately $61 billion. This momentum has also led to the creation of 500,000 jobs, including 309 projects carried out in partnership with foreign investors, with a total value of 1.3 trillion dinars (approximately $9.5 billion).

The Head of State also mentioned the unprecedented success of the Intra-African Trade Fair, which he presented as tangible proof of the growing importance attached to investment in Algeria. “The contours of the new economic model are clearly emerging, and it is confirmed by positive indicators welcomed by African and international economic institutions,” he said, adding, “We were told that we would never enter a new era. I say, on the contrary, that this era is already here.”

He stressed that the Algerian economy has shown great adaptability and resilience in the face of external shocks. Algeria has thus preserved its financial stability and macroeconomic balance, as evidenced by the decline in the inflation rate, which fell to 2.8% in 2025 and is expected to reach 2% in 2026. “This indicator clearly responds to those who doubted it,” he said.

Concerning purchasing power, the President of the Republic pointed out that Algeria had preserved it, since prices had not increased compared to 2018 and 2019 levels. He described this performance as a “miracle,” given that the inflation rate was 9% at that time, while some countries are now experiencing double-digit rates. "The economy is in good health, and this achievement is not solely attributable to the President. All Algerians have contributed to this achievement. Anyone who refuses to acknowledge these achievements is ungrateful and jealous," he said.

He cited other concrete figures: 950 kilometres of railway lines and 22 kilometres of bridges have been built in a year and a half, thanks to the work of Algerians. “When they mobilise, Algerians are capable of anything,” he said, adding that by 2026, GDP growth is expected to reach 4%, which will position Algeria among the most dynamic economies on the African continent.