{"id":41147,"date":"2022-12-06T07:00:00","date_gmt":"2022-12-06T05:00:00","guid":{"rendered":"https:\/\/www.ecomnewsmed.com\/?post_type=news&p=41147"},"modified":"2022-12-05T12:43:04","modified_gmt":"2022-12-05T10:43:04","slug":"algeria-expects-accelerated-growth-of-4-1-in-2023-and-4-4-in-2024-driven-by-the-agriculture-industry-and-construction-sectors","status":"publish","type":"news","link":"https:\/\/www.ecomnewsmed.com\/en\/2022\/12\/06\/algeria-expects-accelerated-growth-of-4-1-in-2023-and-4-4-in-2024-driven-by-the-agriculture-industry-and-construction-sectors\/","title":{"rendered":"Algeria expects accelerated growth of 4.1% in 2023 and 4.4% in 2024 driven by the agriculture, industry and construction sectors"},"content":"\n \n \n \nThe Algerian government is counting on an acceleration of economic growth over the next three years thanks to the good performance expected from all sectors except that of hydrocarbons, announced the Minister of Finance, Brahim Djamel Kassali.\n\n \n \n\n\n \n \n \nSpeaking on the occasion of the examination of the 2023 Finance Law in the National Assembly, Brahim Djamel Kassali specified that Algeria’s real GDP growth should increase from 3.7% in 2022 to 4, 1% in 2023, then 4.4% in 2024 and 4.6% in 2025.\n\n \n \n\n\n \n \n \n\u201cThese growth rates will be the result of the performance of all sectors except the hydrocarbon sector, which will experience some stability between 2023 and 2025,\u201d he said.\n\n \n \n\n\n \n \n \nThe Minister estimated in this context that the agricultural sector should record a growth rate of 6.9% in 2023, 5.5% in 2024 and 5.7% in 2025, while that of industry should grow by 8.5% in 2023, then by 9.6% in 2024 and by 9.3% in 2025. The building and public works (BTP) sector should record a growth rate of 5.6% in 2023, 3.9% in 2024 and 4.5% in 2025.\n\n \n \n\n\n \n \n \nBrahim Djamel Kassali also indicated that inflation should be 5.1% in 2023, 4.5% in 2024 and 4% in 2025.\n\n \n \n\n\n \n \n \nAccording to him, Algeria’s trade balance should be in surplus over the next three years. The trade surplus is expected to increase from $9.4 billion in 2023, to $11.3 billion in 2024, then to $11.6 billion in 2025.\n\n \n \n\n\n \n \n \nIt should be noted that the 2023 Finance Law was drawn up on the basis of a forecast price of $60 per barrel of oil.\n\n \n \n\n","author":114,"featured_media":36337,"comment_status":"open","ping_status":"closed","template":"","tags":[5774,5754,5766,5815,5759,5762],"location":[5985],"class_list":["post-41147","news","type-news","status-publish","has-post-thumbnail","hentry","tag-agriculture","tag-business","tag-economic-analysis","tag-industry","tag-politics","tag-trending","location-algeria-en"],"short_url":"https:\/\/bit.ly\/3GZrthC","have_related_news":"done","chapo":"The Algerian authorities expect growth to be driven mainly by the good performance of the agriculture, industry and construction sectors.","media":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2022\/02\/lalgerie-va-ouvrir-une-ligne-maritime-qui-reliera-ses-ports-a-ceux-du-qatar-et-qui-sera-realisee-avant-la-fin-de-lannee-2022-550x360.jpg","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2022\/02\/lalgerie-va-ouvrir-une-ligne-maritime-qui-reliera-ses-ports-a-ceux-du-qatar-et-qui-sera-realisee-avant-la-fin-de-lannee-2022-550x360.jpg 550w","sizes":"550px","alt":"L'Alg\u00e9rie va ouvrir une ligne maritime qui reliera ses ports \u00e0 ceux du Qatar et qui sera r\u00e9alis\u00e9e avant la fin de l\u2019ann\u00e9e 2022","width":550,"height":360,"ratio":0.56,"credit_photo":""},"media-news-header":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2022\/02\/lalgerie-va-ouvrir-une-ligne-maritime-qui-reliera-ses-ports-a-ceux-du-qatar-et-qui-sera-realisee-avant-la-fin-de-lannee-2022-1170x658.jpg","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2022\/02\/lalgerie-va-ouvrir-une-ligne-maritime-qui-reliera-ses-ports-a-ceux-du-qatar-et-qui-sera-realisee-avant-la-fin-de-lannee-2022-1170x658.jpg 1170w","sizes":"1170px","alt":"L'Alg\u00e9rie va ouvrir une ligne maritime qui reliera ses ports \u00e0 ceux du Qatar et qui sera r\u00e9alis\u00e9e avant la fin de l\u2019ann\u00e9e 2022","width":1170,"height":658,"ratio":0.56,"credit_photo":""},"acf":[],"yoast_head":"\nAlgeria expects accelerated growth of 4.1% in 2023 and 4.4% in 2024 driven by the agriculture, industry and construction sectors - 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