(Ecofin Agency) - The President of Algeria, Abdelmadjid Tebboune (pictured), instructed his government to introduce digital technology in all economic sectors of the country to have reliable economic statistics. According to the Head of State, digital technology and foresight are two essential means to get out of the sphere of approximate statistics which do not help to establish a strong and modern economy or to ensure the transparency of economic transactions, in a context of imperative modernization for the effective revival of the national economy.

On May 3, the trade minister presented, during a council of ministers, the digital system for monitoring and tracking the food and agricultural products market supply in the context of the spread of the Covid-19 pandemic, particularly during the month of Ramadan.

The system aims at the creation of a database to identify all actors involved in the production and distribution of mass consumption products, determining production capacities and organizing the distribution perimeter, and ensuring periodic monitoring of storage levels at the national level for the public and private sectors.

The President of the Republic who highly appreciated this digital system, which he described as a first step “on the right path for the construction of a modern national economy,” urged its regular updating to have at any time a real picture of the sector with accurate figures. He described the introduction of digital technology as “a strategic choice for the State that must be implemented without delay.”