Algeria is working on implementing legislation that contributes to the distribution of electronic payment

Algeria is working to include new legitimate texts with the aim of contributing to the distribution of electronic payment among citizens, according to Noureddine, the Minister of Knowledge Economics and the Emerging and Mini institutions, who stated that its ministry is working with the bank or Algeria to accelerate the entry into force of this legislation to have an addition to the cash and exchange law. In an interview with “Al -Sharq”, the minister explained that the completion of this step will lead to a larger surge in financial technology in the banking sector, note that startups will play the role of this link between Die Burger and the financial sector. The minister’s statements came on the sidelines of signing a strategic partnership agreement between the holding company for textiles and learning “Gitex” and the startup business specializing in e -commerce and innovation “DIYAR DESIRE”. According to this partnership, the emerging institution will support the complex and its entire branch by developing a digital e -commerce platform, which aims to market its products in all Algerian states, and by one of its branches it will make requests through its distribution network in 58 states, according to the Algerian news agency. Also read: Algeria is looking forward to raising private investments and a greater exploitation of wealth in 2025 steps to support the national product. Financial technology, which will accelerate the distribution of electronic payment among citizens. Despite its dependence on the hydrocarbon sector, the state in North Africa seeks to achieve growth in non -oil activities by about 5% this year in light of its efforts to free its economy from hydrocarbons and make it more diverse, and Algerian President Abdel -Majid Taboun was promised that his second term would focus on the local production as an alternative.