Excellency Madame the President of the New Development Bank,
Excellency Chairman,
Honorable Governors,
Excellencies,
Ladies and Gentlemen,
It is a great honor for me to take part in this gathering on the occasion of the 11th Annual Meeting of the New Development Bank.
First of all, allow me, on behalf of the People’s Democratic Republic of Algeria and on behalf of the Minister of Finance, to express our sincere thanks and appreciation to the Government of the Russian Federation for the hospitality and the excellent organization of this Annual Meeting.
Allow me also to express our appreciation to the leadership and staff of the NDB for the excellent preparation of this meeting and their continued efforts in promoting and developing our bank.
Excellencies, Ladies and gentlemen,
Today, the world is experiencing profound technological transformation that is reshaping economies, public services and financial systems. Digital innovation and artificial intelligence, are becoming essential tools for growth, competitiveness and development.
In this context, the theme of this year’s Meetings is both important and relevant, especially as the NDB is preparing its new strategy for 2027-2031. The importance given to digital transformation and the integration of artificial intelligence among the Bank’s strategic priorities, reflect the commitment of its members to supporting modern, efficient and sustainable development.
We are confident that these priorities will contribute meaningfully to the
modernization of the economies of member countries, the promotion of new development models, reducing the digital gap, strengthening our digital sovereignty.
At a time when technological progress is accelerating rapidly and reshaping our world, it is imperative to ensure equitable digital access for all countries. Innovation and artificial intelligence should serve as instruments for sustainable development, economic resilience, and shared prosperity.
Excellencies, Ladies and gentlemen,
Algeria has joined the NDB in May 2025, with strong confidence in the Bank’s mission and its future role. Although our membership remains recent and cooperation projects haven’t yet been initiated, Algeria considers the Bank as a strategic partner of high importance.
As an African country, Algeria believes that the NDB, through its development-oriented approach, will play an important role in addressing the challenges facing emerging and developing economies.
I would like to reaffirm my country’s commitment to supporting the NDB in the achievement of our shared objectives of fostering sustainable development across the Global South. While the challenges ahead are complex and diverse, ze firmly believe that a bright future can be built through cooperation, innovation, and collective determination.
In conclusion, I would like once again to express our thanks to the Russian
authorities, to the leadership and staff of the Bank, and to all those who contributed to the successful organization of this important meeting.
I wish our deliberation every success and look forward to fruitful exchanges.
Thank you for your attention.