It is clear: judicial follow-ups are an exceptional measure against stubborn investors. The government is considering the possibility of partially or fully waiving late fees for the benefit of struggling micro-enterprises affiliated with the NESDA (formerly ANSEJ), along with launching procedures to reschedule debts and extend loan repayment periods for up to 10 years, aiming to alleviate the financial burdens on these project owners and support them. It emphasizes that resorting to judicial follow-ups remains an exceptional and necessary measure directed at a limited category of stubborn investors. In this context, the Minister of Knowledge Economy, Startups, and Institutions...
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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