The action plan supervised by President Tebboune bears fruit as the file for enhanced follow-up is closed. The Minister of Finance and the Governor of the Bank of Algeria lead the delegation to the decisive session in Paris. From Paris, the news that Algeria has been waiting for months has arrived, and the curtain has officially fallen on one of the most important financial and economic files that occupied public authorities over the last two years. After an intensive reform process that included extensive legislative amendments, unprecedented oversight measures, and comprehensive mobilization of various state institutions, the Financial Action Task Force (FATF) decided on Friday to remove Algeria from the gray list of countries under enhanced follow-up, in a clear international recognition of the effectiveness of the reforms undertaken and the country's success in aligning with...
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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