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November 9, 2022 | 3 years ago

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Industry: Prioritizing integration, subcontracting and emergence of new industries

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At a meeting of the Finance and Budget Committee of the National People's Assembly (NPA)  to discuss the 2023 Finance Bill and chaired by Lakhdar Salmi, President of the NPA, in the presence of NPA member Nacer Bettiche and Minister of Relations with Parliament, Basma Azouar, the Minister announced that this was one of the main strategic objectives outlined for the strengthening of the national industrial base.


This strategy also aims at promoting and protecting the national product against the anarchic importation of the parallel market through the improvement of the competitiveness of enterprises and the quality of products, as well as the revitalization and strengthening of the process of "public-private" and "national-foreign" partnerships for the diversification of the national industrial base.

 

It is also about the implementation and continuation of the development plans of the economic public enterprises and meeting the conditions for its success, he continued.

 

Regarding the budget of the industry sector for the financial year 2023 under the new finance law, Mr. Zeghdar revealed that Da 4,240 billion had been allocated as an operating budget, a decrease of 13% compared to 2022.

 

The capital budget includes DA 10 million (technical equipment and metrology) for the National Office of Legal Metrology, DA 395.25 million as payment appropriations for the program under implementation for the main administrative structures and DA 3.15 billion as payment appropriations for the program under implementation for industrial and industrial areas…

November 9, 2022 | algeria-logo

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