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Algeria Press Service

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25/03/2017 00:56

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You are here:HOME»ECONOMY»Tripartite meeting: Need for injecting a new dynamic to national economy
Monday, 24 February 2014 09:16

Tripartite meeting: Need for injecting a new dynamic to national economy

ALGIERS – Prime Minister, Abdelmalek Sellal, said Sunday in Algiers that the government, the central trade union and employers' association agreed to inject new impetus to the national economy on the basis of a series of decisions and recommendations which most important aim at to make a break with dependence on hydrocarbons and promote domestic production."

         In his closing remarks of the tripartite meeting (government-UGTA-Employers), Sellal stated that "an agreement was reached on injecting a new impetus to the national economy in order to make a break with dependence on oil and promote productive activities that generate wealth and non-hydrocarbon jobs and meeting domestic demand and better integrate into the global economy through exports."

 These conclusions have been adopted by five groups stemmed from the previous tripartite meeting held as part of consultation and dialogue between the different players in economy, said Sellal.

The tripartite meeting focused on promoting the Algerian label facing fierce competition by increasingly growing imports in recent years and improving the quality of domestic production up to the requirements of productivity and competitiveness at international markets.

         The partners also agreed to maintain the consolidation of the social market economy in which social transfers and support for disadvantaged categories will continue because, they said, "we reject the ultra-liberalism."

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