The Ministry of Hydrocarbons and Mines confirmed today, Friday, January 2, in a statement, that the adjustment of fuel prices, which came into effect on January 1, aims to ensure continuous supply to the national market and cover the increasing production and distribution costs, affirming the state's continued bearing of the significant difference between the actual cost and the price at the pump. The ministry explained that this adjustment, which comes within the framework of implementing the applicable legislative and regulatory texts, concerns gasoline prices which rise from 62.45 DZD per liter to 47 DZD/l (+1.38 DZD), and diesel (mazout) which increases from 1.29 DZD/l to 31 DZD/l (+1.99 DZD), while the price of liquefied petroleum gas/fuel (GPL/C) has been adjusted from 9 DZD/l...
Algeria - The process of expanding the powers of public administration representatives at the one-stop shops of the Algerian Investment Promotion Agency continues, through the delegation of State Property Administration representatives to prepare and sign lease contracts for economic land, as part of simplifying administrative procedures and accelerating the realization of investment projects.
Algeria - The General Directorate of Taxes announced today, Sunday, in a statement, the extension of the deadlines for subscribing and submitting a number of tax declarations for taxpayers subject to the real profit system and the single flat-rate tax system, in order to enable them to meet their tax obligations under the best conditions.
Verification of sanctions lists and individuals and terrorist entities within a mandatory 24-hour passage through banking channels for all real estate transactions, allocating more than 20 percent of the chamber's budget to enhance oversight, inspecting all notary offices nationwide in four oversight rounds. Abdel Salam Boujmaline, Vice President of the National Chamber of Notaries, reveals in an exclusive interview with “Echorouk” the behind-the-scenes of the battle Algeria fought to exit the gray list of the Financial Action Task Force “GAFI”, and the role notaries played in achieving this accomplishment, confirming that this gain paves the way for removing Algeria from the European Union's blacklist, which would enhance investor confidence and facilitate transactions.
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