Algerian president mandates measures on consumer goods prices
During a meeting of the Council of Ministers, Algerian President Abdelmadjid Tebboune outlined several immediate measures to monitor the prices and availability of essential consumer goods across the country. The measures included preparing a strict regulatory plan for the activities of sales intermediaries, investigating the role of some importers in monopolizing and raising the prices of imported meats, coordinating with governors to purchase and store surplus products to counter market fluctuations, and regulating wholesale prices and stabilizing costs for products such as vegetables and meats. He also ordered the reinforcement of mobile field inspection teams and the establishment of a digital database for monitoring and rapid intervention to control prices when they rise abnormally, with the aim of maintaining citizens' purchasing power.
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