A World Bank report revealed that Algeria recorded more than 75,000 forest fires between 1985 and 2022, with an annual average of about 35,000 hectares of burned forests. The direct losses from the summer 2021 fires in the agriculture and housing sectors alone exceeded $124 million, after the fires claimed the lives of more than 100 people, prompting authorities to adopt a new approach to managing forest fire risks, focusing on prevention and enhancing resilience. The report, published last June and titled 'From Fires to Resilience: Rethinking Algeria's Forest Management,' indicated that the areas burned annually are equivalent to about 50,000 football fields.
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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