Economic Policy

Government economic decisions, reforms, budgets, and fiscal policy

Showing 5,161–5,172 of 8,016 articles
Regulatory & Legal
New Amendments Regarding the 'Sir Gaz' Vehicle Voucher

New Amendments Regarding the 'Sir Gaz' Vehicle Voucher

The Ministry of Finance, through the General Directorate of Taxes and the Department of Tax Legislation and Regulations and Legal Affairs, has informed all tax officials in Algeria, including directors of major institutions, regional and provincial directors, and regional inspectors, of new amendments concerning the vehicle voucher, pursuant to Article 50 of the Finance Law for the year 2026. These amendments, according to the directive issued at the end of February, which 'Echorouk' has seen, aim to promote the use of environmentally friendly vehicles, as the ministry ordered the exemption of electric and hybrid vehicles from the vehicle voucher, while vehicles equipped with engines running on liquefied petroleum gas 'GPLC' are subject to the vehicle voucher. The ministry clarified...

Mar 7, 2026echoroukonline.com
Regulatory & Legal
Introduction of Electronic Submission for Public Procurement Offers

Introduction of Electronic Submission for Public Procurement Offers

A decision from the Ministry of Finance was published in issue 17 of the official gazette, introducing the possibility for economic operators to submit offers for public procurement through the designated electronic portal. According to this decision, signed by the Minister of Finance on February 4, which specifies the content of the electronic portal and its management methods, the list of functions performed by the electronic portal for public procurement includes the submission […]

Mar 7, 2026echaab.dz
Energy & Hydrocarbons
Kuwait Petroleum Corporation Announces Precautionary Oil Production Cut

Kuwait Petroleum Corporation Announces Precautionary Oil Production Cut

The Kuwait Petroleum Corporation announced today, Saturday, the implementation of a precautionary cut in its oil production in light of Iranian attacks and threats in the Strait of Hormuz. The Kuwaiti corporation stated in a statement: “In light of the repeated and unlawful assaults by the Islamic Republic of Iran against the State of Kuwait, including Iranian threats against the safe passage of ships through the Strait of Hormuz, the corporation has implemented a cut …

Mar 7, 2026al24news.dz
Energy & Hydrocarbons
Expectations of Rising Oil Prices and American Moves to Contain the Situation

Expectations of Rising Oil Prices and American Moves to Contain the Situation

The State Security Service in Azerbaijan announced today, Saturday, that it has thwarted sabotage activities targeting a major oil pipeline (Baku-Tbilisi-Ceyhan) that runs through the South Caucasus to Turkey, transporting oil to Europe and ensuring one-third of Israel's imports. Targeting this pipeline leads to another increase in global energy prices. Oil prices have risen by about 30% since the beginning...

Mar 7, 2026al24news.dz
Energy & Hydrocarbons
The war on Iran drives American oil prices to their highest levels since 2020

The war on Iran drives American oil prices to their highest levels since 2020

Heavy crude oil prices on the American Gulf Coast continued to rise, reaching their highest levels since April 2020, due to the war on Iran which led to production cuts from several oil producers in the Middle East, prompting buyers to heavily turn to American oil. According to trading data, Brent crude stabilized at $92.99 per barrel this Saturday at 11:00 GMT, the highest level since October 2023, with the ongoing impact of the effective closure of the Strait of Hormuz forcing countries like Iraq to cut production, in addition to the additional production cuts announced by Kuwait, contributing to the strengthening of American sour oil prices. شاهد المحتوى كام...

Mar 7, 2026echoroukonline.com
Energy & Hydrocarbons
If the Strait of Hormuz remains closed.. these are the energy market scenarios for the next 3 months

If the Strait of Hormuz remains closed.. these are the energy market scenarios for the next 3 months

Continued disruptions in the Strait of Hormuz for several months could lead to oil losses ranging from 315 million barrels to 1.38 billion barrels, and an increase in Brent crude prices to levels exceeding $100 per barrel, with liquefied natural gas prices in Europe rising to around €65 per megawatt-hour in the worst-case scenario. The strait controls the passage of about 25% of global maritime oil trade and 20% of liquefied natural gas trade, making markets vulnerable to sharp fluctuations if the disruption continues. Read the full content on Echourouk Online.

Mar 7, 2026echoroukonline.com
Agriculture & Agribusiness
FAO: Global Food Prices Rise for the First Time in Five Months

FAO: Global Food Prices Rise for the First Time in Five Months

The Food and Agriculture Organization of the United Nations (FAO) revealed that global food prices recorded an increase in February 2026 after five consecutive months of decline. A report from the organization indicated that the average global food price index reached 125.3 points in February, compared to 124.2 points in January, marking a slight monthly increase. View the full content on Echourouk Online.

Mar 7, 2026echoroukonline.com
Sustainability & Green Economy
Food Security: Algeria has the most resilient food system in Africa

Food Security: Algeria has the most resilient food system in Africa

Algeria has been ranked as the first African country with the most resilient food system, according to the Resilient Food Systems Index (RFSI) published by the British think tank 'Economist Impact'. In this ranking, which evaluates 60 countries worldwide, Algeria ranks 32nd globally with a score of 64.66 points, making its food system the most robust on the African continent.

Mar 7, 2026radioalgerie.dz
Regulatory & Legal
Public Contracts: Introduction of Electronic Submission of Bids

Public Contracts: Introduction of Electronic Submission of Bids

Issue 17 of the official journal published a decision from the Ministry of Finance introducing the possibility for economic operators to submit bids for public contracts through the dedicated electronic portal. According to this decision, signed by the Minister of Finance on February 4, which defines the content of the electronic portal and its management methods, the list of functions performed by the electronic portal for public contracts includes the electronic submission of bids by economic operators.

Mar 7, 2026radioalgerie.dz