“I am recovering. Algerian President Abelmadjid Tebboune appeared Sunday, December 13, 2020 on public television for the first time in nearly two months and his hospitalization in Germany to be treated for the new coronavirus. “It will take another two or three weeks for me to regain my physical strength,” said Abelmadjid Tebboune, 75, visibly thinner, in a “speech to the people” delivered the day after the 1is anniversary of his electoral victory. While his prolonged absence had fueled rumors and disinformation, the Head of State promised to be back among Algerians “as soon as possible”, in this speech on his Twitter account relayed by public television.
Abelmadjid Tebboune’s last public appearance dated back to October 15 when he met French Foreign Minister Jean-Yves Le Drian. Several times, the Algerian authorities have announced the “imminent” return of the president to the country since his hospitalization in Germany. As early as October 24, Abelmadjid Tebboune, a heavy smoker, had voluntarily placed himself in isolation after having been in contact with officials infected with the Covid-19 disease. He was then admitted on October 28 in “one of the largest specialized establishments” in Germany “after contracting the virus.
Coming to power on December 12, 2019 with reform inclinations, Abelmadjid Tebboune today embodies a country in impasse and blocked institutions. Like a return to the past, after the hopes of the protest movement (hirak). The absence of the Head of State plunged Algeria back into the humiliating pangs of the end of the reign of his predecessor Abdelaziz Bouteflika, when the latter, struck by a stroke in 2013, continued, helpless and aphasic, to assume the presidential charge before being ousted from power in April 2019 by the hirak.
Uncertainty
Political uncertainty had prompted certain voices to demand the application of article 102 of the Constitution, relating to the vacancy of power, in order to avoid an institutional crisis. In the event of the president’s illness or resignation, it is up to the Constitutional Council to ascertain the incapacity of the Head of State. It is the acting president of the Senate, in this case Salah Goudjil, an 89-year-old veteran of the war of independence, who acts in the interim for a maximum period of 90 days, pending the election of ‘a new president. Pillar of the regime, the army remains the great mute.
Officially, Abelmadjid Tebboune still holds the reins of the state. But the latter has not been able to exercise any of his prerogatives for nearly two months: he has not promulgated the new Constitution, a flagship project of his electoral program, nor signed the 2021 finance law. Elected in a widely held ballot shunned by the population and therefore suffering from a lack of legitimacy, he first extended his hand to the “blessed hirak”, an anti-regime movement suspended due to the Covid-19 epidemic. He also promised to build a “strong and diversified” economy capable of reducing Algeria’s hyperdependence on hydrocarbons.
” Disabilities “
“Despite his initial handicap, Abelmadjid Tebboune could create legitimacy for himself by launching major projects of political, economic and institutional renewal. He could not or knew how to do it. Its action did not create adhesion, even less enthusiasm, ”notes journalist and writer Abed Charef. “Abelmadjid Tebboune’s presidency has lost all credibility. It becomes a handicap for the country. ”
One year after the presidential election, it is clear that hirak activists, political opponents, journalists and bloggers close to the protest are still the target of legal proceedings, when they are not imprisoned. On the macroeconomic level, Algeria is seeing its foreign exchange reserves melting, liquidity drying up and an oil market still depressed by the health crisis.
According to forecasts from the International Monetary Fund, Algeria is expected to experience a 5.2% recession in 2020 as well as a budget deficit among the highest in the region. For economists, the country has exhausted all possibilities offered for deficit financing, including printing money, and recourse to external financing will be “inevitable” in the coming months, despite the authorities’ assertions to the contrary.

Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.