President Bouteflika urges government to speed up delivery of new social housing units and to regulate basic food prices

Taking the floor during a cabinet meeting he chaired Thursday in Algiers, the President of the Republic Abdellaziz Bouteflika expressed the imperious necessity to safeguard the purchasing power of the Algerian citizens through a sound and efficient government regulation policy

•  The head of state ordered in this respect the government to further bolster the mechanisms of market regulations with a view to facing up efficiently to price fluctuations and thereby averting a deterioration of the citizens’ purchasing power.
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• President Bouteflika urged the government to widen the mechanism of stabilization of prices to other basic products such dry vegetables, in addition to already included staple commodities notably milk, wheat, sugar and cooking oil.
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• He also called on the government members to encourage the development of local agricultural production and manufactured foodstuffs in addition to strictly regulating the market through the enforcement of permanent control devices for a better and a more reliable organization of the  market nationwide.
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• President Bouteflika further ordered the government to speed up the delivery of new social housing units destined to the needy segments of the Algerian population as soon as they are completed, recalling in this connection that 190 thousand new housing units were delivered by the state in the course of the year 2010 as part of the ongoing program designed to get rid of shanty dwellings and precarious housing across the country.
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