ECONOMY

The President of the Republic Abdelmadjid Tebboune announces the Creation of a Ministry for startups, micro-business

ALGIERS- The President of the Republic Abdelmadjid Tebboune announced Sunday the creation of a ministry dedicated to startups, micro-business and incubators in the country's major cities.

"We will create a maximum of incubators in the major cities of the country, to be sponsored by a ministry of startups and micro-business," the president of the Republic said at the inauguration of the 28th National Production Show.

President Tebboune, at a stand devoted to startups, spoke at length with young project holders, assuring them that the relevant ministry will include young people. He also announced the creation of a bank to provide support and assistance to young project leaders. "The startup bank will be your partner and will support you in carrying out your projects," the head of State said, urging the young to engage in this field.