It is expected that, before the beginning of the month of Ramadan, the vast majority of financial transfers valued at less than ten billion centimes will be settled, according to what was confirmed by the Director General of the Treasury and Accounting, Hajj Mohamed Seba, during a session of the Finance and Budget Committee of the National People's Assembly, while discussing the draft budget settlement law for the year 2023. The Director General explained, in response to an intervention by a member of the Finance and Budget Committee of the National People's Assembly, Kamal Belkhodhar, that this category of transfers represents more than 30,000 financial transfers, or about 95 percent of the total approved transfers, reflecting the Treasury's commitment to expedite the disbursement of financial dues before the holy month arrives, and reassuring institutions and individuals benefiting from these transfers.
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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