tabboun stresses algerian governments desire to reduce imports bill
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Without prejudice to fundamentals of the Algerian citizen

Tabboun stresses Algerian government's desire to reduce imports bill

Arab Today, arab today

Arab Today, arab today Tabboun stresses Algerian government's desire to reduce imports bill

the Algerian state radio,
Algeria - Arab Today

Algeria's Acting Minister of Commerce, Abdelmajid Tabboun, pledged that the Algerian government will make the impossible to reduce the value of imports to 15 billion dollars, but without prejudice to the fundamentals of the Algerian citizen.
Tabboun said, in statements for the Algerian state radio, that the government is unable to protect the economy, as the product market remains a seventh or eighth-tier luxury market. 
He also pointed out the deficit of the trade balance in 2016, amounting to 17 billion dollars, saying that the reasons for this deficit is importing some manufactured materials in Algeria or can be manufactured here because the licenses granted to persons to import $ 18 billion worth of unnecessary materials.
Tabboun also pointed out that about 30 million dollars were imported for biscuits, 75 million dollars for chocolate, 10 million dollars for olive trees, 11 million dollars for pastries despite their production in Algeria and 35 million dollars for importing hair oils. He also denied any intention of the public authorities to prevent the importation of any product from abroad, adding that this must be accompanied by tightening control in the context of respect for our agreements with our economic partners abroad.
Since the beginning of 2015, the Algerian government has imposed strict measures on importers to reduce the import bill. This bill has been reduced by many sectors such as the health sector, as well as car imports, which decreased during the first nine months of 2016 by more than 35% compared to the same period last year , while the bill of import of milk powder fell significantly, during the first eight months of 2015, reached to 770.26 million dollars compared to 1.47 billion dollars during the same period of 2014.
On the other hand, the Algerian government has also reduced Algeria's imports of meat of various kinds during the last period, before the decline of this rate more beginning in January 2016, after the issuance of the import license.
Despite the measures imposed by the Algerian government to reduce the import bill, the import dilemma still dominates the trade balance, which records a continuous deficit.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

tabboun stresses algerian governments desire to reduce imports bill tabboun stresses algerian governments desire to reduce imports bill

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

tabboun stresses algerian governments desire to reduce imports bill tabboun stresses algerian governments desire to reduce imports bill

 



GMT 13:42 2015 Saturday ,04 April

Libyan warplane targets camp in Gharyan town

GMT 15:14 2017 Wednesday ,01 March

UN documents nearly 1,500 child soldiers in Yemen

GMT 07:24 2017 Sunday ,01 October

Mexico unlikely to find more quake survivors

GMT 16:15 2015 Wednesday ,11 November

German intelligence 'spied' on Fabius, FBI, UN bodies

GMT 01:32 2017 Saturday ,15 April

Russia's Putin earns about 157,000 USD in 2016

GMT 16:30 2017 Saturday ,15 July

Minister of planning gives priority

GMT 19:45 2017 Wednesday ,05 April

President of Senegal Meets Attorney General

GMT 05:18 2017 Thursday ,21 September

Over 80 missing after migrant boat sinks off Libya

GMT 19:22 2017 Saturday ,01 April

UN: Number of Syrian Refugees Tops 5 million

GMT 15:16 2016 Thursday ,29 September

FBI to put up database on police use of deadly force

GMT 05:06 2016 Friday ,30 September

Indian markets open flat

GMT 01:57 2017 Tuesday ,10 October

Twin suicide bombs kill 13 near Mogadishu airport

GMT 02:25 2017 Friday ,08 September

UAE celebrates National Day at Expo 2017 Astana

GMT 06:19 2017 Sunday ,08 January

Bleaching poses the gravest threat to coral reefs

GMT 12:35 2017 Monday ,18 September

Elham Shahin happy for “Day for Women”

GMT 09:46 2017 Thursday ,22 June

US existing home sales unexpectedly rise in May

GMT 02:36 2017 Tuesday ,10 January

US embassy condemns Al-Arish suicide attack

GMT 10:34 2017 Sunday ,26 November

czar faces graft probe
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday