Guarantees Of Foreign Investment In Algeria

Abstract

The economic and legal reforms implemented by Algeria are one of the most important factors in creating the climate for foreign investments. The focus has been on developing the legislative framework in order to open the door to private and foreign national capital to invest in various sectors, Full ownership of economic projects. Within the framework of creating the environment necessary to attract investment, Algeria has witnessed successive steps. The first was to support the structural and organizational framework of the economy by combating administrative complexities, promoting human capabilities and enhancing the means of collecting and disseminating economic and statistical information. And setting priorities with the control and activation of public spending, as well as the amendment of tax systems and the development of financial and banking system. The second step was to restructure the public sector through privatization, and the Algerian authorities sought to liberalize foreign trade.