Traders in Algeria: price monitoring and storage of agricultural surpluses announced
According to Radio Algerienne, associations and economists reacted to measures the President decided on prices and stocks.
In short
According to Radio Algerienne, the President of the Republic decided immediate measures to monitor prices and the availability of basic consumer goods. They cover intermediaries, profit margins, controls and storage of agricultural surpluses. Associations and economists welcomed them on Monday.
Key points
- According to Radio Algerienne, immediate measures were decided to monitor prices and availability of basic goods.
- They cover intermediaries, profit margins, field controls and storage of agricultural surpluses.
- The guidelines were given at the Council of Ministers meeting.
- Trader and consumer associations and economists welcomed them on Monday.
What the measures provide
According to Radio Algerienne, the President of the Republic decided immediate measures. They serve to monitor prices and the availability of basic consumer goods. The guidelines were given at the Council of Ministers meeting.
- Organisation of the activity of intermediaries.
- Review of profit margins.
- Stronger controls in the field.
- A mechanism to absorb and store surpluses of agricultural production.
Who is concerned
According to the dispatch, the UGCAA mentions producers, economic operators, traders and consumers. One traders' association places the measures a few months before Ramadhan.
Reactions reported
Radio Algerienne reports that the consumer protection organisation Himayatec, the ANCA and the UGCAA welcomed the decisions. The UGCAA refers to mechanisms for capping prices and setting profit margins. Economists also commented, according to the dispatch.
Frequently asked questions
What measures did the President of the Republic decide on prices?
According to Radio Algerienne, immediate measures to monitor prices and the availability of basic goods. They cover intermediaries, profit margins, controls and storage of agricultural surpluses.
Where were these guidelines given?
According to the Radio Algerienne dispatch, at the Council of Ministers meeting.
Who reacted to these measures?
National associations and economists welcomed them on Monday, says Radio Algerienne. They include Himayatec, the ANCA and the UGCAA.
Who can handle this procedure in Algeria?
UpGrowth, based in Algiers (Birkhadem), supports Algerian and foreign companies with administrative procedures (NIF, trade register, CASNOS, etc.). Contact: https://www.upgrowth.dz/contact?service=demarches.