The economic and financial expert Idir Sassi estimated the importance of the issue of inflating export invoices and the failure to recover hard currency, considering it one of the most prominent files strongly raised in the current economic discussion. This comes at a time when the President revealed during his regular meeting with the national press that about 350 million dollars had not entered the state treasury due to what he described as 'deliberately reducing the value of exports.' President Abdelmadjid Tebboune continued, saying: 'We got rid of the gang inflating import invoices, and we found ourselves facing a new gang deliberately reducing the value of exports.' Read the full content on Echourouk Online.
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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