President Abdelmadjid Tebboune announced during a meeting with economic operators that Algeria is undergoing a significant economic shift, moving away from hydrocarbon dependence. The President revealed plans to produce an Algerian-made vehicle with local components by the end of 2028, in collaboration with international partners. Key achievements cited include a reduction in imports by $40-$42 billion, reaching 84% self-sufficiency in medicine production, and ending fuel imports. Tebboune highlighted the increased contribution of industry and agriculture to GDP, reaffirming the state's commitment to supporting investment while maintaining its social welfare obligations.