Algeria- Financial Crisis: 2018’s Finance law to carry affective procedures


Finance law project for 2018 will carry qualitative alternatives and effective procedures that will allow the country to build an economy less vulnerable to external shocks, said Monday the President of the National People’s Assembly (NPA), Said Bouhedja.

Finance law for 2018 will certainly have a rich debate and a particular interactivity, given the nature of the difficult financial situation that our country is currently experiencing, he said at the opening of the ordinary parliamentary session.

This project’s law will certainly bring about qualitative alternatives and effective procedures that will enable our country to build a stronger and less vulnerable national economy, he predicted.

Prime Minister Ahmed Ouyahia, for his part, informed the press on the sidelines of the opening of the session that the Council of Ministers would meet on Wednesday under the presidency of the President of the Republic, Abdelaziz Bouteflika, to study and approve, among other things, the Government’s action plan.

Members of the Assembly will also have to debate during this parliamentary session the Law on the Budgetary Regulation for 2015, as part of the exercise of their subsequent control over the expenditure of the State budget, said Mr. Bouhedja.

The Assembly will also have to consider a number of draft laws, including the draft general law on the prevention of fire and panic risks, the draft law on military justice, the draft law on the rules the draft organic law relating to the powers of the Council of State, its organization and its functioning.

In addition to the draft law on the penitentiary organization and the social reform of prisoners, those relating to consumer protection as well as the repression of fraud and advertising activities. MEPs will examine projects relating to vocational training and mining.


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