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President Tebboune Calls for a New Price Cap System to Boost the National Product Market

Algerian Council of Ministers

Algiers - The President of the Republic, Mr. Abdelmadjid Tebboune, instructed during the Council of Ministers meeting he chaired on Sunday to conduct a thorough review of the regulations governing the marketing of domestic products to citizens, through legislation establishing a pricing cap system.


Following a joint presentation by the Ministers of Commerce, Industry, and Agriculture on the previous day's shortages, the President of the Republic cautioned against any perceived negligence, emphasizing the importance of accountability and dedication to the missions entrusted to all employees, with a primary focus on the welfare of citizens.


Furthermore, the President of the Republic directed that import operations of essential raw materials for production and key industries should not be restricted, while emphasizing the requirement for prior declaration for all other import activities.


Moreover, the Council of Ministers approved measures concerning the scholarships for students and researchers at the higher education institutions within the scientific and technological hub of Sidi Abdallah.



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