ALGIERS- The import of car spares, "essential" for the maintenance of vehicles on the road, are not concerned by the recent measure of import suspension, said the Ministry of Trade in a statement on Thursday.
ALGIERS-The executive decree on goods subject to import restrictions has been published in the Official Journal No. 1. Dated 7 January 2018, this legislation notes that the import of the concerned products "is temporarily suspended until the balance of payments is stabilized again."
ALGIERS- The import bills of milk, sugar and sweets increased between January and November 2017, the Algerian Customs' National Centre of Data Processing and Statistics (CNIS) told APS.
ALGIERS- Algeria’s imports price of goods experienced an average increase of 5% over the first nine months of 2017 compared to the same period of 2016, the National Statistics Office (ONS) told APS.
ALGIERS- Algeria's trade deficit declined to US$9.5 billion in January-October 2017 against US$14.4 billion during the same period a year earlier, down by nearly 34%, the Algerian Customs' National Centre of Data Processing and Statistics (CNIS) told APS.
ALGIERS- The bill of foodstuffs imports increased to USD6.5 billion over the first 9 months of the current year against USD6.11 billion during the same period in 2016, up by 6.4 %, while that of medicines dropped by 5.01%, the Customs told APS.
ALGIERS- The Ministry of Trade seeks to cut import bill down to US$41 billion by the end of the year and to US$30 billion in 2018, as part of the sector's policy for the protection of national production, announced Thursday in Algiers Trade Minister Mohamed Benmeradi.
ALGIERS- A measure of the Bank of Algeria (the Central Bank), determining the new terms of domiciliation of imports of goods, destine for the resale in the same condition will come into force on Sunday, October 22nd, officials from the Bank of Algeria told APS.
ALGIERS- The Government will take new measures to further cut the import bill, which continues to weigh on the country's external finance, said Thursday in Algiers Trade Minister Mohamed Benmeradi.
ALGIERS – The State will put up a battle to reduce the imports, said Wednesday in Algiers Prime Minister Ahmed Ouyahia, adding that the informal market is also nurtured by import.