Algeria - Governance of Public Enterprises and State Holdings Support Project

This intervention is related to the Support Project for the Governance of Public Enterprises and State Holdings. It is part of the government's reform process aimed at improving public sector governance, enhancing the value of the state's assets and making efficient use of public resources. The project aims to support the Algerian authorities' efforts to improve the governance of public companies and financial institutions and to enable the authorities to better monitor the State's holdings. In this sense, it is aligned with the government's objectives of better public sector governance and greater efficiency in the use of budgetary resources. The project will be structured around the following three components: (i) strengthening the capacity of the State as shareholder; (ii) strengthening the action of the National Investment Fund (FNI); (iii) improving risk monitoring and financial control of public entities or public shareholdings.