tabboun stresses algerian governments desire to reduce imports bill
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

Without prejudice to fundamentals of the Algerian citizen

Tabboun stresses Algerian government's desire to reduce imports bill

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleTabboun stresses Algerian government's desire to reduce imports bill

the Algerian state radio,
Algeria - Arab Today

Algeria's Acting Minister of Commerce, Abdelmajid Tabboun, pledged that the Algerian government will make the impossible to reduce the value of imports to 15 billion dollars, but without prejudice to the fundamentals of the Algerian citizen.
Tabboun said, in statements for the Algerian state radio, that the government is unable to protect the economy, as the product market remains a seventh or eighth-tier luxury market. 
He also pointed out the deficit of the trade balance in 2016, amounting to 17 billion dollars, saying that the reasons for this deficit is importing some manufactured materials in Algeria or can be manufactured here because the licenses granted to persons to import $ 18 billion worth of unnecessary materials.
Tabboun also pointed out that about 30 million dollars were imported for biscuits, 75 million dollars for chocolate, 10 million dollars for olive trees, 11 million dollars for pastries despite their production in Algeria and 35 million dollars for importing hair oils. He also denied any intention of the public authorities to prevent the importation of any product from abroad, adding that this must be accompanied by tightening control in the context of respect for our agreements with our economic partners abroad.
Since the beginning of 2015, the Algerian government has imposed strict measures on importers to reduce the import bill. This bill has been reduced by many sectors such as the health sector, as well as car imports, which decreased during the first nine months of 2016 by more than 35% compared to the same period last year , while the bill of import of milk powder fell significantly, during the first eight months of 2015, reached to 770.26 million dollars compared to 1.47 billion dollars during the same period of 2014.
On the other hand, the Algerian government has also reduced Algeria's imports of meat of various kinds during the last period, before the decline of this rate more beginning in January 2016, after the issuance of the import license.
Despite the measures imposed by the Algerian government to reduce the import bill, the import dilemma still dominates the trade balance, which records a continuous deficit.

themuslimchronicle
themuslimchronicle

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

tabboun stresses algerian governments desire to reduce imports bill tabboun stresses algerian governments desire to reduce imports bill

 



Themuslimchronicle, themuslimchronicle

GMT 08:32 2011 Monday ,25 July

Sabri accuses Yusri in Souad Hosni’s murder

GMT 12:07 2014 Monday ,03 February

Home design ideas

GMT 11:20 2017 Thursday ,02 March

Mexico central bank cuts growth outlook over Trump

GMT 08:31 2017 Tuesday ,28 November

Bangladesh upholds death sentence for 139 soldiers

GMT 14:33 2017 Thursday ,20 April

US defense secretary vows support for Egypt's Sisi

GMT 16:12 2017 Wednesday ,20 December

Myanmar bars UN rights investigator just before visit

GMT 08:21 2017 Wednesday ,30 August

United Technologies near deal to buy Rockwell Collins

GMT 18:27 2017 Friday ,21 April

ARCO condemns targeting of ERC convoy in Somalia

GMT 07:23 2017 Tuesday ,21 November

perched in Jerusalem's hills may soon vanish

GMT 19:33 2017 Tuesday ,10 October

US scientists engineer corn to boost protein

GMT 08:43 2017 Monday ,04 December

Brexit deal 'difficult but doable': diplomats

GMT 11:24 2017 Friday ,03 March

Lego honors 'Women of NASA'

GMT 11:35 2017 Tuesday ,05 December

Bahrain's top Shiite cleric hospitalised

GMT 21:39 2017 Saturday ,30 September

Abdel Karim praises Egypt’s role

GMT 10:11 2017 Tuesday ,12 December

Latest Grateful Dead resurrection -- a duo

GMT 15:43 2017 Monday ,04 December

Yemen's Huthi rebels claim ex-president Saleh killed

GMT 15:59 2017 Thursday ,30 November

Bahrain Bourse daily trading performance
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle