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ALGIERS- Finance Minister, Aymen Benabderrahmane, inaugurated on Sunday a space, at the level of El-Khettabi agency of the Algerian Popular Credit (CPA), devoted to small business companies (SMEs) and startups.
ALGIERS- Algeria’s capacities of production of photovoltaic solar panels are set to increase to 450 MWp per year against 190 MWp, said the annual report of the Commissariat for renewable energies and energy efficiency (CEREFE).
ALGIERS-The Renewable Energy and Energy Efficiency Commission (CEREFE) has recommended in its annual report the opening of the domestic electricity network to small and medium independent solar energy producers as “more interesting” approach to engage in energy transition.
ALGIERS- The Organization of Petroleum Exporting Countries (OPEC) and its allies pursued their technical consultations, in order to provide the OPEC + ministerial meetings, scheduled for Monday and Tuesday, with a "crucial" database for the decision making, in an oil market that remains affected by Covid-19, the organization said.
ALGIERS- Prime Minister Abdelaziz Djerad, stressed in a message published in the first annual report of the Commissariat for Renewable Energy and Energy Efficiency (CEREFE), the government's determination to establish a sustainable energy plan and lay the foundations for an energy transition adapted to national specificities.
ALGIERS- Prime Minister Abdelaziz Djerad welcomed Thursday, on the occasion of the 46th anniversary of the creation of the General Union for Algerian farmers (UGAA), the efforts of farmers and stock breeders and their concern to supply the national market with agricultural products given the current exceptional situation.
ALGIERS)- Minister of Finance Aymen Benabderrahmane said Thursday in Algiers that the launch of major structuring projects, including the port of the country's centre in El Hamdania and big mining projects is expected in the beginning of next year (2021).

Cash flow problem to be settled in December

Thursday, 26 November 2020 16:37
ALGIERS- Cash flow problem in Algeria Post offices and banks will be definitively resolved as soon as December, Minister of Finance Aymen Benabderrahmane said Thursday in Algiers.
ALGIERS- Finance Minister Aymen Benabderrahmane discussed by video-conference, with a team from the International Monetary Fund (IMF), Algeria's economic outlook, particularly following the impact of COVID-19 pandemic on national economy and the fall in hydrocarbon prices, said the ministry Thursday in a statement.
ALGIERS- The majority of members of the Council of the Nation adopted on Thursday, in Algiers, the Finance Bill 2021 during a plenary session chaired by Acting President of the Council, Salah Goudjil, in the presence of Finance Minister, Aymen Benabderrahmane, and member of the Government.