ALGIERS- Algeria Post (AP) “can in no way be privatized,” the minister of Post and Information and Communication Technologies Imane-Houda Faraoun told the Algerian Radio in an interview Sunday.
“AP is a public institution par excellence and it can not in any way be privatized because it is one of the symbols of the State’s sovereignty,” she said.
Faraoun said that there is no way to open up Algeria Post to competition, as one of its mission is to manage the CCP accounts of millions of Algerians and to deliver their mail and parcels, amongst other things.
In this regard, she welcomed Algeria Post’s “positive” results for 2016 with the profit of more than DZD8 billion compared to 2015, where it reached DZD7.5 billion.
“In 2016, Algeria Post refloated its tills by reaching DZD50 billion, a treasury that exceeded its wage bill for the first time,” she said.