Algerian president mandates action on consumer goods monitoring

The President of Algeria, Abdelmadjid Tebboune, issued instructions to take immediate measures to monitor the prices and availability of essential consumer goods in the country, with the aim of protecting citizens’ purchasing power. The measures include regulating the activities of middlemen, investigating monopolies and the price hikes of imported meat, and coordinating with regional governors to purchase and stockpile surplus products to ensure their availability when prices fluctuate. Additionally, a system has been established to cap the prices of vegetables and meats and to set profit margins, along with creating a digital database to monitor prices quickly and effectively.

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