ALGIERS- The State-governed industrial activities declined in the second quarter of 2017, while that of the private sector increased, the National Office of Statistics (ONS) told APS.

Oil tax revenues up by nearly 27% in H1 2017

Monday, 13 November 2017 14:48
ALGIERS- Oil tax revenues went up by nearly 27% during the first half of 2017 compared with the same period a year earlier, while budgetary expenditures dropped during the same period of reference, according to figures provided by the Ministry of Finance.
ALGIERS- MPs at the People's National Assembly (lower house of Parliament), while debating the provisions of the finance bill 2018, said national economy is in a difficult situation, hence the need to intensify investment, by making banks closer to economic operators, and simplifying the administrative procedures for project holders, which, they said, would contribute to the diversification of economy and the development of wealth-creating economic sectors.
ALGIERS- The Finance and budget committee of the People’s National Assembly (Lower House of parliament) proposed in its preliminary report on the finance bill 2018, thirteen amendments, four of which relating to the content, including the introduction of three (03) new articles.
ALGIERS- Minister of Finance Abderrahmane Raouya said Sunday in Algiers the finance bill 2018 is part of the efforts to step up development and preserve macroeconomic balances and household purchasing power.
ALGIERS- Minister of Foreign Affairs Abdelkader Messahel on Sunday dubbed "satisfactory" the outcomes of the 4th session of the Algerian-French Joint Economic Committee (COMEFA).
ALGIERS- Three economic agreements have been signed Sunday in Algiers between Algeria and France, giving a fresh impetus to cooperation between the two countries, said Minister of Industry and Mines Youcef Yousfi, with French Minister for the Economy and Finance, Bruno Le Maire.

Zerouati attends COP 23 in Germany

Sunday, 12 November 2017 18:00
ALGIERS- Minister of Environment and renewable Energies, Fatima Zahra Zarouati, will take part in the United Nations Conference on Climate Change (COP 23) to be held in Bonn, Germany, November 13-18, the ministry said in a statement.
ALGIERS- Minister of Energy Mustapha Guitouni will participate in Abu Dhabi International Petroleum Exhibition and Conference, ADIPEC 2017, to be held in the Emirati capital from 13 to 16 November, said Sunday the Ministry in a statement.
ORAN (Algeria)- The director general of the SME Credit Guarantee Fund (FGAR) said Sunday that his body has granted in 2017 credit guarantees for 20 fishing and aquaculture projects countrywide.