Government economic decisions, reforms, budgets, and fiscal policy
Oil prices dropped at settlement yesterday, Friday. Brent crude futures ended the session down 95 cents or 0.93 percent at $104.87 a barrel. West Texas Intermediate crude futures also fell by $1.61 or 1.58 percent to settle at $100.30 a barrel.
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The National Statistics Office has returned to the supervision of the Ministry of Finance, under a new presidential decree that reorganizes the supervisory authority over one of the most important bodies that provides the state with tools to measure and monitor the national economy. This step places statistical data at the heart of the financial and economic system and opens the door for greater coordination between the figures produced by the office and the decisions based on them. According to presidential decree No. 26-294 dated September 12, 2026, which assigns the supervisory authority over the National Statistics Office to the Minister of Finance, published in issue 66 of the official gazette, it has been officially decided to transfer the supervisory authority over the office to the Minister of Finance.
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The Venezuelan government and opposition are nearing an agreement to transfer the gold reserves of the central bank, valued at approximately $4 billion, from the vaults of the Bank of England to the Federal Reserve Bank in New York, in a move that could allow the transitional government led by Delcy Rodríguez to utilize the reserves for funding expenditures, according to the Financial Times. According to the newspaper, the arrangements being discussed grant the transitional government legal control over the gold, but will not allow it to sell the reserves immediately, as it can be used as collateral to obtain loans for government spending, including reconstruction efforts after the two devastating earthquakes that ...
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The Minister of Energy and Renewable Energies, Mourad Ajjal, chaired a small working meeting dedicated to following up and studying several files related to gas consumption rationalization and enhancing its efficiency. The meeting, held yesterday Thursday, addressed the state of gas consumption, as well as exploring ways to promote rational use of this energy and reduce unnecessary consumption, contributing to the preservation of energy resources and improving their efficiency. View the full content on Echourouk Online.
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The quantities of grains collected in the Wilaya of Constantine since the start of the harvest and threshing season last June until yesterday, Thursday, exceeded 1.7 million quintals, while the collection process continues until September 30, according to what the Director of Agricultural Services, Badr Eddine Kherchi, reported. Kherchi explained in a statement to the Algerian News Agency that the collected crop has been stored at the level of the Cooperative of Grains and Dried Legumes, in addition to the private units belonging to investors within the framework of the grain intensification program. Watch the full content on Echourouk Online.
echoroukonline.com
The Minister of Energy and Renewable Energies, Mr. Mourad Ajjal, chaired a small working meeting dedicated to monitoring and studying several files related to rationalizing gas consumption and enhancing its efficiency, according to a statement from the ministry. During the meeting, which took place yesterday Thursday at the ministry's headquarters, the status of gas consumption was reviewed, and ways to enhance the rational use of this energy and reduce unnecessary consumption were discussed, contributing to the preservation of energy resources and improving their efficiency.
radioalgerie.dz
Oil prices fell by about one percent at settlement yesterday, Thursday, but remained above $100 per barrel. Brent crude futures dropped by $1.01, or 0.95 percent, to settle at $104.82 per barrel.
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Algeria - The General Directorate of Taxes, in a statement today Thursday, called on taxpayers subject to the real profit system to subscribe remotely with the annual summary declaration for the financial years 2024 and 2025, before September 30.
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Algeria - The National Center for Commercial Registry mentioned today, Thursday, in a statement that the companies legally required to submit their financial statements for the fiscal year 2025 have until September 30 to complete the submission process.
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Algeria is moving towards strengthening its position in the renewable energy market in Africa, driven by significant projects launched in recent years to develop clean electricity and green hydrogen, with expectations to record the fastest growth rate in this field from 2026 to 2031, according to a recent international report.
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Algeria - The Minister of Energy and Renewable Energies, Mourad Ajjal, held a series of bilateral meetings and discussions with several participating ministers and officials on the sidelines of his participation in the 70th General Conference of the International Atomic Energy Agency, held in Vienna from September 14 to 18, according to a statement from the ministry.
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Constantine - The quantities of grains collected in the Wilaya of Constantine since the beginning of the harvest and threshing season last June until today have exceeded 1.7 million quintals, according to what was learned today, Thursday, from the Director of Agricultural Services, Badr Eddine Kherchi.
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