The Minister of Foreign Trade and Export Promotion, Kamel Rezig, emphasized the need to enhance coordination among various actors in the banking and financial system, aiming to facilitate foreign trade operations and improve support for economic operators, especially regarding the banking localization procedures for estimated import programs in the fields of management and equipment, alongside developing financing mechanisms through financial leasing. This came during his chairing of a coordination working meeting yesterday, Wednesday, which included ministry officials and representatives of the professional association of banks and financial institutions, in addition to commercial banks authorized to engage in foreign trade and financial leasing companies, where the meeting was dedicated to presenting and clarifying the recent related procedures.
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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