The National Retirement Fund (CNR) is preparing to sign an agreement with a public bank to grant loans to all retirees at subsidized rates, with the provision of Islamic financing options under favorable conditions, in a step aimed at improving the living standards of this category, according to what was revealed by the Fund's Director General Hafiz Adrar. Adrar explained, during his appearance yesterday on the program 'Guest of the Day' on Algeria's third radio channel, that this initiative falls within a new approach adopted by the Fund that focuses on a more proactive strategy rather than merely periodic increases, by providing additional benefits for retirees. He also noted that the Fund's teams are currently working on preparing other agreements aimed at enhancing services and benefits for retirees.
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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