24 October, 2021

NEW IMPORT-RESTRICTIVE MEASURES IN THE FINANCE BILL 2022.

Draft FINANCE LAW 2022, currently under preparation in the government, provides for new measures against imports, in particular: New tax of 2% on the value of imported products, which will be settled at customs in the same way as VAT (TVA). A fee of DA […]
6 September, 2021

50% DROP IN THE PURCHASING POWER OF ALGERIANWAGES.

The consumer protection agency (APOCE) in Algeria, has published a comparative study of the evolution of prices in the period 2010 to 2021 that demonstrates the significant fall in the purchasing power of Algerians, to the point that the average wage in 2010 has lost […]
6 September, 2021

THE ALGERIAN GOVERNMENT WILL CONTINUE TO PRINT CURRENCY TO COVER THE DÉFICIT.

Unable to articulate other measures, the Algerian executive, which declares to have printed 1,155 billion DA in the first quarter of thepre-year, will continue to print currency, without specifying the amount, to cover the payments of the deficit budget, in the face of the decline […]
6 September, 2021

THE INFORMAL ECONOMY, A BATTLE LOST BY THE ALGERIANADMINISTRATION.

Estimated at 50% of GDP, it is the continuous workhorse of all governments, which fail to reduce its impact, every day greater. Legal uncertainty and regulatory arbitrariness are an excellent breeding ground for “informal” activity, the only way out for many operators unable to face […]
6 September, 2021

“NEW” GOVERNMENT MEASURES IN SUPPORT OF INVESTMENT IN ALGERIA AND OPENNESS TO PRIVATE INVESTMENT BY PUBLIC ENTERPRISES.

In the face of each crisis, Algeria once again brings out the ghosts that hinder its development: bureaucracy, the immobility of the financial system, public ownership of land (“foncier”), eternally loss-making public companies, changing regulation, legal uncertainty, …. In short, intervention in the economy, with […]
6 September, 2021

PUBLIC LAND (“FONCIER”), THE SERIOUS BRAKE ON ECONOMIC DEVELOPMENT IN ALGERIA.

In the face of each serious crisis of the failed economic system, Algeria once again brings out the ghosts that hinder its development: bureaucracy, the immobility of the financial system, the public ownership of land (“foncier”), eternally loss-making public enterprises, changing regulation, legal uncertainty, …. […]
30 August, 2021

SUSPENSION IN PRACTICE OF IMPORT AND RESALEACTIVITIES.

There had been persistent rumors about a possible easing of the conditions imposed by E.D. 21-94 on import and resale activities, in the face of complaints from the sector and the mediation of bodies such as the EU delegation in Algeria, for the problems that […]
7 July, 2021

APPOINTMENT OF THE NEW ALGERIAN GOVERNMENT.

On 07/07/2021the president of the republic, Mr. ABDELMADJID  Tebboune,appointed the new government of Prime Minister AÏMENE  Benabderrahmane, unknown to the general public, of which analysts agree on his technical character within the Algerian administration, where he has been deputy director of the general inspection of […]