Government economic decisions, reforms, budgets, and fiscal policy
Algeria - The Minister of Public Works and Infrastructure, Abdelkader Djellali, concluded today, Monday, his series of field visits to various sections and workshops of the Eastern Mining Line project, where he emphasized the need to intensify coordination to maintain the pace of achievement, according to a statement from the ministry.
Algeria - The Minister of Housing, Urban Planning and the City, Mohamed Tarek Belaribi, announced today, Monday in Algiers, the commencement of the distribution of the first housing units of the 'Aadl 3' rental sale program in several provinces, on November 1st, on the occasion of the 72nd anniversary of the outbreak of the Liberation Revolution.
Algeria - The Minister of Housing, Urban Planning and City, Mohamed Tarek Belaribi, emphasized today, Monday in Algiers, the need to double efforts to realize the commitments of the President of the Republic, Mr. Abdelmadjid Tebboune, regarding the distribution of 2 million housing units between 2025 and 2029.
The Ministry of Water Resources announced the allocation of a financial envelope of 23 billion dinars as part of a new emergency program aimed at enhancing public water service and improving the readiness of irrigation facilities across various provinces. The announcement came during a working meeting chaired by the Minister of Water Resources, Lounes Bouzegza, at the ministry's headquarters, in the presence of central administration officials and general directors of institutions and bodies affiliated with the sector. View the full content on Echourouk Online.
Tebessa - The Minister of Public Works and Basic Infrastructure, Abdelkader Djalawi, praised today, Monday, in the state of Tebessa, the good pace of work on the construction of the Tannoukla-Tebessa bypass section, covering a distance of 43 km as part of the eastern mining railway project.
The Algerian Water Desalination Company, a subsidiary of SONATRACH, announced that the seawater desalination plant in Ras El Ain, Oran Province, has reached its full production capacity of 300,000 cubic meters per day, after completing various stages of gradual production increase, according to the approved standards. A statement from the company clarified that since its commissioning, the plant has contributed to the production of 92,345,000 cubic meters of desalinated water, reflecting its important role in supporting the drinking water supply system and enhancing water security in Oran Province and neighboring areas. The source confirmed that reaching the plant's full production capacity enhances the capabilities of desalinated water production in Oran Province and helps meet the needs of citizens.
Public authorities have allocated around 23 billion Algerian dinars as part of a new emergency program to enhance and improve public water service across the provinces. This was stated in a press release issued by the Ministry of Water Resources on Monday. The program aims to strengthen intervention and maintenance capabilities and ensure the continuous readiness of irrigation facilities. Focus will be placed on acquiring various equipment and electromechanical devices, generators, irrigation pumps, and technical intervention and maintenance means.
Global oil prices rose by up to 3 percent on Monday, with Brent crude surpassing $91 per barrel for the first time since the end of last July. Trading data showed that October delivery futures for Brent crude increased by 2.86 percent compared to the previous session's close. The price of Brent crude reached $91.05 per barrel, exceeding the $91 mark for the first time since July 31.
This is the third since the beginning of the current year.
Statement from the President of the Poultry Breeders Federation.
Electricity demand recorded a new third peak today, reaching 21,650 megawatts, amid an exceptional heatwave accompanied by high humidity levels in coastal areas experienced by many provinces, according to a statement from the Ministry of Energy and Renewable Energies.
To enhance public water service across various provinces of the country.