In an effort to facilitate banking procedures related to the import of pharmaceutical raw materials, the authorities have decided to abolish the requirement for a pharmaceutical control certificate within the banking settlement file, which constitutes a practical step to simplify the administrative process and expedite the processing of import operations, especially for pharmaceutical manufacturing companies. This measure aims to reduce the time required for file review at banks and lessen the required documentation, allowing for faster financing of imports and ensuring greater fluidity in supplying factories with raw materials, in line with the state's direction towards supporting local production and enhancing pharmaceutical security. Supporting the fluidity of supplying factories with raw materials and expediting file reviews.
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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