Article 51-49 blows Parliament up

Although the new investment law which will be presented to Parliament defends the 51-49 rule, members of Economic Commission plan to raise the issue following complaints among foreign delegations.

FLN’s representative Abdelkrim Mansouri defended the article, saying Americans, French and foreign delegations insist on banning it. They submitted a request to Algerian authorities for that. 

« This is unbelievable. This request hits national economic policy,” he said.

Vice-speaker Berabeh Zabar said opinions may be different. “This project came to boost national economy. The investment rule is meant to preserve national sovereignty because the real meaning of investment is to create new resources and jobs at the same time.

Member of the financial commission and budget at Parliament Ahmed Khelifa told Echorouk the expansion of the investment rule in non sensitive sectors will be discussed. “We accept all the political opinions about this text. Every deputy is allowed to express his position.”