Policy Statement: PM Ouyahia says Algeria can't rely on hydrocarbons revenues for ever
The guidelines of the 2010-2014 development programme, endowed with a budget of US$ 286 billion, were presented Sunday by Prime Minister Ahmed Ouyahia at the Council of the Nation (Upper House of the Algerian Parliament).
- After he had presented in October the Government’s General Policy Statement, which covers the activity report over 18 months (the year 2009 and first half of 2010), before the deputies of the People’s National Assembly (APN, Lower House), Mr Ahmed Ouyahia outlined on Sunday the same policy statement to the members of the Council of the Nation.
- The Government’s activity report covers the end of 2005-2009 development programme and the launch of the next five year plan (2010-2014), which also coincides with the end of a decade marked by intense efforts to make up the social and economic deficits resulted from a multifaceted crisis.
- The programme! of action for 2010-2014 devotes nearly US$156 billion (DZD 1,534 bn) to new public investments and US$130 billion (DZD9,700 bn) for the completion of projects of the 2005-2009 plan.
- The action programme 2010-2014, initiated by President Abdellaziz Bouteflika, provides for USD155 billion for new public investment plans, in addition to USD130 billion for completion of projects under way, 50 percent of which go to human development and growth in the High-Plateaux region, the backbone of development in the future.
- Prime Minister Ahmed Ouyahia gave details concerning the amount -deemed sometimes exaggerated- devoted to the public investment programme and “leftovers” concerning the preceding programmes (USD130 billion), called “programmes under way.”
The “leftovers” are due to many factors, including substantial extension of the preceding investment plans, like the additional local development programmes (High-Plateaux, Great South,..) launched in 2006, that is, two years after the adoption of the first plan 2005-2009, which necessitated an additional budget of about DZD1,270 billion (more than USD17 billion).
There were also additional programmes concerning two development plans, such as the completion, late 2009, of 500,000 housing units financed or supported by the state, or extensions of roads, dams and other infrastructures.
For 2010, the leftovers has reached DZD815 billion (more than USD11 billion) that should be ensured to avoid “blank years” in meeting social needs.