Algiers Square market, exchange offices to be considered by Algeria Bank Governor
Photo: archive
Finance and Budget Committee at the National People’s Council sent a correspondence for Algeria Bank Governor, Mohamed Laksaci, and General Manager of Algeria Stock Exchange, Yazid Ben Mouhoub, asking for the listening to the responses of the first responsible for Algeria Bank, with regard to Algiers square market and exchange offices, that have not yet been considered, and the tourism grant’s file.
Finance Committee asked for listening to the responses of Algeria Bank governor, in a matter of days concerning Algiers square market of hard currency exchange that was removed a few weeks ago, in mysterious circumstances, as the commission directed a question about the party that adopted the decision to remove this market suddenly, even before finding the alternative, especially as the Finance Minister, Mohamed Djellab, already denied any involvement in the file, as media sources talked about the security investigations behind this decision.
Finance Committee wondered about the reason for the delay in the release of exchange offices until today, especially since the law imposes mandatory presence in a formal framework that allows citizens to buy hard currency and resale it securely, as it also drew a question about tourism grant that was promised y the government previously, by lifting it to $ 500 Euros instead of 130 Euros, a resolution, which has not been issued until today, at a time the Algerians complain of the low grant which does not save the dignity of the traveler, and is unable to cover its expenses for one day abroad.
Finance Committee asked explanations of the stock market about the offers that were made by the latter to a number of businessmen through inviting them to enter the stock market and bonds, and wondered about the reason of the delays in the activity of this financial institution in Algeria at the present time.