tabboun stresses algerian governments desire to reduce imports bill
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Without prejudice to fundamentals of the Algerian citizen

Tabboun stresses Algerian government's desire to reduce imports bill

Egypt Today, egypt today

Egypt Today, egypt 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.

egypttoday
egypttoday

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 07:18 2015 Sunday ,15 February

Defiant career in shadows for Iranian director Panahi

GMT 09:19 2017 Monday ,30 January

Macedonians send out SOS from Europe's oldest lake

GMT 22:54 2011 Tuesday ,06 December

Internet \".xxx\" district opens to website makers

GMT 12:55 2017 Wednesday ,09 August

Jordan’s King sends messages to different audiences

GMT 11:03 2012 Saturday ,27 October

‘Vitamin C protect against dementia’

GMT 09:22 2016 Wednesday ,20 July

Microsoft delivers earnings surprise, stock rises

GMT 16:37 2017 Wednesday ,20 September

US effective role to solve Mideast issues praised

GMT 14:30 2017 Wednesday ,27 September

SAGITTARIUS (November23rd-December21st)

GMT 09:01 2012 Wednesday ,27 June

Fireplace for outdoor heating

GMT 18:49 2015 Monday ,20 July

Iceland's building cost index up 3.3% in July

GMT 12:18 2016 Monday ,23 May

Gunmen kill 8 worshippers in Sudan's Darfur

GMT 09:04 2017 Sunday ,20 August

AI revolution will be all about humans

GMT 08:45 2012 Thursday ,12 April

Rise in crime linked to Syrian fugitives

GMT 13:30 2016 Monday ,28 November

With Holocaust-themed skating routine

GMT 12:22 2015 Thursday ,18 June

Top 5 things to make with dates

GMT 19:58 2011 Thursday ,25 August

Florence & Baghdad: men embraced dual perspectives

GMT 22:17 2017 Thursday ,21 December

UN General Assembly to vote on Trump's decision

GMT 11:33 2017 Sunday ,26 November

PISCES (February20th-March20th)

GMT 15:20 2013 Wednesday ,06 March

Amanda Peet makes the jump to playwright

GMT 16:41 2011 Monday ,17 October

The secret world of Disneyland

GMT 11:33 2017 Sunday ,22 October

Bayern edge past Hamburg to go level

GMT 20:40 2016 Monday ,30 May

Pope honors Clooney, Gere and Hayek

GMT 08:21 2011 Sunday ,12 June

May Saleem advised to limit movement

GMT 02:52 2012 Sunday ,22 April

Will pupils really stand up for teachers?
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt 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 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday