Algerians' medecines bill will reach up to $ 5 billion

Algerians' medecines bill will reach up to $ 5 billion

Potatoes' retailers supported by government to break prices

Potatoes' retailers supported by government to break prices
Govrnment will take new measures to curb speculation in the prices of potatoes, whic noticed a high record in the last two months, as retailers will be supplied with potatoes directly from the cold stores and this without passing on brokers and wholesale market, General Manager of the central business...

Algerian government’s conditions for hard currency transfer and national companies’ investment abroad

Algerian government’s conditions for hard currency transfer and national companies’ investment abroad
Algerianpublic and private companies are now allowed to invest abroad. Theregulation of the Bank ofAlgeria defining the criteria and conditions for investingabroad is entered into force, this Thursday, November 13, with its publication in the latest official gazette N° 63....

Algeria: Old Banknotes issued in the 1980s to be withdrawn starting from December 31 2014

Algeria:  Old Banknotes issued in the 1980s to be withdrawn starting from December 31 2014
The Bank of Algeria announced Wednesday in a press release that the old Banknotes dating back to the 1980s during late Chadli Bendjedid’s presidency would be pulled out of circulation starting from December 31st 2014....

Algerian Oil prices fell by more than nine dollars during one month

Algerian Oil prices fell by more than nine dollars during one month
Monthly average of the Algerian oil prices declined during the month of last October by more than nine dollars to reach $ 87.61 a barrel, as revealed by the Organization of Petroleum Exporting Countries "OPEC" on Wednesday, in its monthly report....

Vegetable prices skyrocket in Algeria

Vegetable prices skyrocket in Algeria
Fruit and vegetables price remarkably increased in Algeria. The price of potatoes which are the most consumed vegetables jumped to more than 100 DZ a kilo. The General Union of Algerian Traders and Craftsmen says production is reduced while the Association for Protecting Consumers believes that there is monopoly over...

Algerian Finance Minister: “The drop in oil prices is transient and won’t affect 2015 state budget”

Algerian Finance Minister: “The drop in oil prices is transient and won’t affect 2015 state budget”
The recent oil price fluctuations do not represent for now a "threat" to Algeria's external and internal balances and won’t have a negative impact on the 2015 state budget, affirmed Monday in Algiers the Minister of Finance Mohamed Djellab....
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