October 3rd, 2024
The Director General of the Agency, Mr. Omar REKKACHE, received on Thursday, October 3rd, 2024 a delegation from the World Bank, in the presence of officials from the Agency. The delegation was chaired by the World Bank Country Director for the Maghreb and Malta, Mr. Ahmadou Moustapha NDIAYE, along with The World Bank’s Resident Representative for Algeria, Mr. Kamel BRAHEM, the World Bank’s Lead Economist for Algeria, Tunisia, Libya, Morocco, and Malta, Mr. Abdoulaye SY, and the Lead Economist, Health, Nutrition & Population, Mr. Jorge COARASA.
During the meeting, the progress of the investment and business climate in Algeria, under the new investment system, was discussed. The World Bank delegation praised the remarkable improvements noticed in Algeria, especially regarding the measures and initiatives taken by the country and the facilitation granted to both local and foreign project holders, which are starting to show concrete results through the increasing investment interest registered by the Agency.
The meeting was also an opportunity to present a summary of the technical support program provided by the World Bank to the Agency as part of the long term strategic vision project to promote investment in Algeria, which the Agency is working on.
Furthermore, an agreement was made to explore the possibility of organizing an information day on the new World Bank report system to evaluate the business climate “Business Ready (B-READY)”, which replaced Doing Business. This information day aims to explain the new evaluation criteria to enable the various concerned institutions put forward the reforms and programs proposed by our country.
