Quadrennial Plan (1974-1977)

Quadrennial Plan (1974-1977)

Year
1974
Face Value
0.80
Mint Value
-
Used Value
-
Print Run
2000000
Themes
Events
If during the first four-year plan, the foundations for development were laid, the second plan will aim to consolidate and expand them.
This will be, as a priority, the expansion of industrialization and the transformation of the agricultural economy by systematically mobilizing hydraulic potential. The amount of these investments is estimated at 110 billion DA, three times more than those of the first plan.
For these new perspectives, Algeria intends to rely less and less on external credits to finance its development program. During this second plan, gross domestic production must increase in real terms by at least 46%, i.e. an average growth rate of more than 10% annually.
Determined, the public authorities intend to win this battle of production which is also the watchword of this stage by 1980. That said, we could see with the first two plans – and this is even more valid in the perspectives of this second plan – that the effort to develop light industries always focuses on two axes.
On the one hand, it is a question of clothing, shoing and feeding a population with ever-increasing needs and, on the other hand, creating industries for the processing of agricultural products in order not only to satisfy food needs, but also to achieve the symbiosis which must link agriculture to industry.
On the social register, the objective retained for the expansion of achievements is the launch of 100,000 new housing units. Rural housing, for its part, will benefit from 300 socialist villages.
Increasing employment is also one of the major goals, the keystone, of social policy. At the end of the plan, it will have to double compared to the year 1966.
Finally, this coherent internal policy, carried out vigorously by a country which has decided to reject all forms of exploitation, is extended by solidarity with third world countries.