Algeria forms new government with energy and finance ministers unchanged

Algerian President Abdelmadjid Tebboune on Wednesday appointed a new government, with the energy and finance ministers of the previous administration both retaining their posts, the presidency said.

He indicated that Ramdane Lamamra has been appointed Minister of Foreign Affairs, succeeding Sabri Boukadoum.

Appointed Prime Minister last week to replace Abdeaziz Djerad, Ayman Benabderrahmane, who was Minister of Finance in the previous government, will remain in charge of finance, while Mohamed Arkab has retained his post as Minister of Energy, said the Minister of Energy. presidency in a statement read by a spokesperson on state television.

Algeria, a member of OPEC, is trying to extricate itself from a financial and economic crisis that has caused budget and trade deficits after a drop in export revenues from energy, the main source of state finances .

Elected in December 2019 after mass protests forced his predecessor Abdelaziz Bouteflika to resign, Tebboune pledged to carry out political and economic reforms.

He said most of the planned reforms have been delayed due to the global pandemic which has exacerbated the crisis in Algeria and worsened its financial situation.

Tebboune’s plans are mainly to develop the non-energy sector, including agriculture, as the North African nation imports most of its food needs.

The new Minister of Foreign Affairs, Lamamra, had held this post several times under former President Bouteflika.

Most of the ministers of the previous administration have retained their posts in the new cabinet.