Industrial producer prices drop in Q2 2017
Thursday, 05 October 2017 12:26 ALGIERS- Non-hydrocarbon industrial producer prices fell by 0.2% in the second quarter of 2017 compared to the previous quarter, achieving a growth of one percent compared with 2nd quarter of 2016, the National Statistic Office told APS.
Law on hydrocarbons: Review will not include 51/49% rule
Thursday, 05 October 2017 11:16 ALGIERS- The review of the law on hydrocarbons in force will concern no sovereignty-related issues, including the 51/49% rule governing foreign investments in Algeria, the Prime Minister office said Thursday on its website.
GECF: Guitouni advocates joint action to address current challenges
Wednesday, 04 October 2017 19:53 MOSCOW-Energy Minister Mustapha Guitouni said Wednesday in Moscow the member countries of the Gas Exporting Countries Forum (GECF) should engage in joint actions to address the current challenges facing the natural gas industry.
GECF ministerial meeting: Algeria to house future gas research institute
Wednesday, 04 October 2017 17:22 MOSCOW – The 19th ministerial meeting of the Gas Exporting Countries Forum (GECF) has officially decided, Wednesday in Moscow, that Algeria would house the future gas research institute.
Finance bill 2018: Reduction in operating budget, adaptation of tax law
Wednesday, 04 October 2017 19:00 ALGIERS- The Finance Bill 2018, approved Wednesday in the Council of Ministers meeting provides for a reduction of the operating budget as part of the public authorities’ willingness to restore the budgetary equilibrium in less than five years.
Council of Ministers meeting: Bill on E-commerce approved
Wednesday, 04 October 2017 18:11 ALGIERS- The bill on E- commerce has been approved Wednesday in the Council of Ministers meeting chaired by President of the Republic, Abdelaziz Bouteflika.
Algeria to participate in replenishment of WB subsidiary
Wednesday, 04 October 2017 18:07 ALGIERS-The Council of Ministers on Wednesday approved a presidential decree authorizing Algeria to participate in the replenishment of the International Development Association (IDA), said a communiqué released after the Council of Ministers held under the chairmanship of President of the Republic Abdelaziz Bouteflika.
Three contracts between SONATRACH, its partners approved
Wednesday, 04 October 2017 17:56 ALGIERS- Three presidential decrees authorizing the signing of contracts on exploration and exploitation of hydrocarbons have been approved Wednesday by the Council of Ministers during a meeting, chaired by President of the Republic Abdelaziz Bouteflika.
8% increase in budget of social transfers for 2018
Wednesday, 04 October 2017 17:57 ALGIERS – A budget of DZD 1,760 billion will be allocated to the social transfers in 2018, according to the Finance Bill 2018 approved Wednesday in the Council of Ministers meeting.
Finance Bill 2018: Operating budget down
Wednesday, 04 October 2017 17:42 ALGIERS-The Finance Bill 2018 provides for an operating budget worth DZD 4,584 billion, down by 7 billion compared to 2017.