Algeria: New Minister of Finance Abderrahmane Raouia takes office

 

The new finance minister, Abderrahmane Raouia, took office in Algiers on Friday in replacement of Hadji Baba Ammi, following the appointment Thursday by President Abdelaziz Bouteflika of members of the new government led By the Prime Minister, Abdelmadjid Tebboune.

The handover ceremony took place at the headquarters of the Ministry of Finance in the presence of the outgoing delegated minister responsible for the digital economy, Mouatassem Boudiaf, sector executives and bank managers and various financial institutions.

On this occasion, Mr Raouia expressed his thanks to the President of the Republic, Abdelaziz Bouteflika, for the confidence he has placed in his person, saying that he “will spare no effort to implement the President’s program “.

“Many complex tasks should be carried out more effectively, as is the Government’s budgetary settlement program under the Finance Law 2017,” he said, expressing his wish that “the work Which will be accomplished to the level of expectations “and calling on the cadres of the sector to” make more efforts in the service of the country “.

In response to a question on the increase in revenues from ordinary taxation, the Minister indicated that the relevant roadmap “is provided for in the current economic program”. “We must continue to develop ordinary taxation without burdening the citizen”.

Mr Raouia expressed his thanks to the outgoing Minister, Mr Baba Ammi, and to the outgoing Deputy Minister Mr Boudiaf for the “great work they have accomplished”.

For his part, Mr Baba Ammi congratulated the new minister who “was at the head of a Directorate considered as a pillar of the Ministry of Finance, namely the General Directorate of Taxes (DGI)”, calling To assist his successor in the accomplishment of his mission and the continuation of the work begun in recent years within the framework of the modernization of the sector.

Mr Baba Ammi stressed the importance of the work begun under the new model of economic growth, in particular its first stage 2017-2019, which will enable our country to establish the basis for Transition towards an economy developed by 2035 “.

Abderrahmane Raouia, who was appointed Finance Minister by the President of the Republic on Thursday, was born on November 7, 1960 in Mostaganem. He holds a degree in legal sciences from the University of Algiers and also holds a diploma from the Ecole Nationale des Impôts in Clermont-Ferrand (France).

Mr. Raouia began his career in the financial sector in 1985, beginning his career at the Ministry of Finance, successively as Director of the Tax Studies and Legislation Department (1985-1987), Head of the International Tax Conventions Bureau (1990-1993 ), Deputy Director of International Tax Conventions (1993-2000) and Director of Tax Legislation (2000-2003).

Internationally, Mr. Raouia was an expert on the International Monetary Fund (IMF) in the Democratic Republic of the Congo from 2003 to 2005.

He was subsequently appointed Study and Synthesis Officer in the Cabinet of the Minister of Finance from 2005 to 2006, and then Director General of Taxation from June 2006 until his appointment on Thursday to the head of the Ministry of Finance. Finance. Mr. Raouia is married with two children.

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