President Abdelmadjid Tebboune announced that Algeria has successfully reduced its import bill from 62 billion dollars to between 40 and 42 billion dollars, ensuring no shortages for the population. Speaking at a forum for economic operators, the President stated that Algeria is now the third-largest economy in Africa, a testament to the robust growth of domestic production. He highlighted that the national company, Sonatrach, has not imported fuel since 2023. Tebboune emphasized the shift toward a free-market economy that encourages entrepreneurship and commended national operators for their contributions to the country's ongoing economic recovery.