Algeria’s Public deals under surveillance to protect $286 billion five-year plan from plundering

Algerian President Abdelaziz Bouteflika is expected to meet with the government’s ministers Sunday to hear the most important preparations and solidarity measures to help needy people during the fasting month of Ramadan.

• The cabinet will also deal with a presidential decree about practical details relating to the public deals organisation. The decree’s content will be officially approved as a legal frame to grant projects included in the public investments program of the five-year plan worth $286 billion.
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• This cabinet council will be the first meeting to be held after the governmental reshuffle. It came a few days before the government’s members had gone on holidays and after less than two months since the last meeting held by Bouteflika to adopt the public investments program.
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• The revision of the public deals law came up with 11 new articles. The amendment of the article No 02 made the public deals law valid for all the economic public institutions.
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• The decree suggested amending the articles No 10, 12, 25, 37, 47, 49, 80, 87 and 96. Calls for tender will be launched to extend the chances of national small and middle-sized companies.
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• The article No 46 stipulates that projects should be submitted to national calls for tender if national public and public companies can satisfy the conditions. The article No 47 was also amended to oblige foreign companies to deal with subcontracting. That means it will be necessary to conclude Algerian foreign partnerships.
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• The Algerian finance minister Karim Djoudi will make a presentation about the rehabilitation of small and middle-sized companies. This program is meant to improve the level of national companies to be more competitive and win important projects.
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• The finance minister will also make a presentation about the minimal level of payment processes which oblige Algerian people to use modern payment means in banks.