Raouya urges banks to attract savings

Sunday, 24 December 2017 16:11
ALGIERS-Finance Minister Abderrahmane Raouya urged public and private banks to innovate and market participative financial products with a view to attracting savings.
ALGIERS- Algeria and Japan will sign, very soon, two agreements on double taxation and facilitation of investment procedure between the two countries, announced Sunday in Algiers Foreign Minister Abdelkader Messahel.
ALGIERS- The evolution of consumer prices' annual rate stood at 5.8% until November 2017, the National Statistics Office told APS.
ALGIERS- The Charter on Public-Private partnership signed Saturday, in Algiers, by the Government, the General Union of Algerian Workers (UGTA) and Employers’ Organizations is a framework aimed at re-launching and diversifying national economy according to the document on this charter.
ALGIERS- Exterior Bank of Algeria (BEA) will open five branches in France as from 2018, Bank of Algeria (BA)'s governor, Mohamed Loukal, said Saturday in Algiers.
ALGIERS- Prime Minister Ahmed Ouyahia said Saturday, in Algiers, that the law relating to the opening of capital of some public enterprises to private investment has been in force for many years, adding that the goal of this law is to develop these enterprises, and to increase their profitability for the benefit of national economy.
ALGIERS- Algerian employers welcomed the signing of the Charter on Societal Partnership with the government and the General Union of Algerian Workers (UGTA) Saturday in Algiers, stressing that its success will be seen in productivity.
ALGIERS- The opening of the public SMEs capital will be facilitated said Saturday, Prime Minister Ahmed Ouyahia in a speech given at the meeting of the Tripartite meeting for the signing of the Societal partnership Charter.
ALGIERS- The charter on public-private partnership represents a "shared basis" for government, the General Union of Algerian Workers (UGTA) and employers, allowing the promotion and protection of national product, the secretary general of the UGTA, Abdelmadjid Sidi Said, said Saturday.
ALGIERS- Prime Minister Ahmed Ouyahia said Saturday guidelines will be issued shortly by President of the Republic Abdelaziz Bouteflika on the promotion of economic decentralization.