Our modern economic world is characterized by this operationl division into two sectors; public and private. Each one of these separate and interdependant sectors plays an initial role in developing daily life and accelerating economic growth.

To make a long story short, the private sector seeks to produce and sell or offer a service, while a public body will perform public service missions for the general interest.

Therefore, the role of the public sector is to ensure a business environment conducive to the creation and development of a healthy, dynamic and competitive private sector, in order to reduce poverty, create employment opportunities and accelerate economic growth.

Cooperation and partnership

To accomplish their interdependent missions, the two sectors must set up, closely, links of cooperation by establishing solid and transparent institutions, capable of improving and revitalizing this relationship.

The cooperation links should contain a financial subsidy and a technical support provided by the public sector for the benefit of entrepreneurs and enterprises, in order to motivate them to improve economic activities and create more employment opportunities for jobseekers.

In the same context, the public sector must favor national actors, when it comes to the services provision or the execution of public projects.

In addition, the public sector must ensure the integration of private companies in the work of exploitation of natural resources, in order to maximize the impact on the national economy and provide a training opportunity for private sector actors.

The industrial field

Industrial activities constitute the main branch of the private sector in the modern economy, as they focus on the transformation and development of the country's natural resources.

These activities demonstrate, through the jobs they create and the wealth they generate, the fundamental importance of the private sector as an engine of economic growth, sustainable development and poverty reduction.

In addition, the development of the industrial sector helps stabilize the trade balance, by improving the level of self-sufficiency and increasing the value of the country's exports.

Therefore, it is necessary that the public sector devote more efforts to motivate the industrial field in the private sector, through the mobilization of finance, the provision of technical advice and the establishment of an effective training system.