Algeria Aims to Stabilize Markets
Overall, Algerian President Abdelmadjid Tebboune directed the government to take measures to reduce the prices of basic consumer goods and ensure their availability. This includes regulating the activities of intermediaries, investigating suspected monopolistic practices, addressing the rising prices of imported meats, capping prices for certain commodities, and setting profit margins. He also tasked officials with establishing a mechanism for purchasing and storing surplus local products to counter market fluctuations. Additionally, he ordered the implementation of a strict monitoring system that tracks prices daily both locally and digitally, aiming to protect citizens' purchasing power and achieve market stability.
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