The Bank of Algeria has approved new monetary measures that will enable banks to expand the financing margin directed to investors during the year 2026, by reducing the benchmark rate and lowering the mandatory reserve ratio. This step aims to enhance liquidity within the banking system, reduce financing costs, and stimulate productive investment. In light of a new reading of the economic and financial landscape, the Monetary and Banking Council of the Bank of Algeria has chosen to direct monetary policy towards greater flexibility, through a package of decisions described as stimulating for economic activity, in line with the improvement recorded in several macroeconomic indicators, foremost among them the decline in inflation rates, and with the objectives set for monetary policy for the year 2026.
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.
Most homes and farms are not insured against fires; farmers are the most exposed to losses due to weak subscription. New insurance products to face climate disasters, digitization, and artificial intelligence to reduce compensation times. Hassen Khalifati, a member of the board of the Algerian Union of Insurance and Reinsurance Companies, warned that the expansion of fires in Algeria, due to heat waves and climate changes, is met with a clear weakness in the demand for fire insurance, which increases the losses incurred by families, farmers, and economic institutions when disasters occur. Khalifati explained, in a statement to 'Echorouk', that there are no accurate and updated statistics to determine the percentage of homes or farms...
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