President Bouteflika vows to revamp social policy in favour of the poor and the destitute as part of an equitable wealth distribution in Algeria
The President of the Republic, Mr Abdellaziz Bouteflika, has pledged to review the socio-economic government policy in favour of the poor and needy segments of the Algerian population as part of a fairer distribution of the country's wealth garnered mostly from the vast hydrocarbon revenues.
- In an open message sent to the Algerian people on the occasion of the celebration of the twin anniversary of the nationalization of Algerian hydrocarbons and the creation of the General Workers’ Trade Union (UGTA) coinciding with February 24th of every year, the head of state underlined that he would see to it that all sections of the population notably those facing social constraints would duly benefit from the state’s incentive and assistance measures encompassing various fields of endeavour notably regarding housing, employment, training, education and medical care among other salutary social benefits.
- President Bouteflika also vowed in his message to deal with the pressing concerns of the labour world through the enforcement of appropriate measures in favour of the promotion of the workers’ rights and their wages with a view to preserving their purchasing power and boosting the employment sector through the creation of fresh job opportunities notably destined to the hopeful youth who make up about 75% of the Algerian population.
- The head of state further emphasized that he was firmly determined to safeguard the national economy with on prime focus the revision of the law against corruption through notably the setting up of a national office in charge of firmly combating this nefarious scourge at all levels.
- President Bouteflika also asserted in his message that there would be an overhauling of the court of auditors’ law and stressed the imperious necessity of a total transparency in all commercial transactions in order to preclude any future shady or illicit practices which could deal a blow to the national economy.