70 percent of Bouteflika’s third term projects not launched
Algeria’s 2010-2014 plan projects were remarkably delayed while the government allocated $286 billion to achieve them.
According to official data, some startegic sectors could not use up more than 30 percent of the allocated money. Projects to construct 13 desalination plants were handled by the energy ministry in untransparent conditions as well as the interior ministry regarding municipal development plans.
Sources say the delay is one of the main reasons behind the banning of Algeria’s 2013 Complementary Finance Law. The achievement of public works projects related to the fivey-year-plan did not exceed 26 percent while transport sector projects achievement reached 36 percent only as part of the 2005-2009 plan and 10 percent of the current plan.
The government has two choices only : either to ban delayed projects due to budget deficit or to postpone priority projects to the 2015-2019 plan.
A document related to the 2014 Financial Law shows that housing sector has the most delayed projects as part of the former five-year-plan as the remaining allocated money is estimated at 360 billion DZ, a year before the end of the plan. This delay comes as an additional plan to build 150,000 new houses was postponed. It was supposed to be added as part of the banned financial law.
Figures show that the real number of built houses between 2005 and 2012 did not exceed 500,000.