Stabilization of oil and sugar prices: new decision from Tebboune

President Abdelmadjid Tebboune signed an important presidential decree which aims to stabilize the prices of table oil and edible sugar.

Signed on August 11 by the Head of State, the presidential decree under number 21-310 was published in the last issue of the Official Journal (JO). It concerns the transfer of credits to the operating budget of the Ministry of Trade and Export Promotion.

According to Tebboune’s new decree, more than 13 billion dinars have been allocated by the state to stabilize the prices of white sugar and refined ordinary edible oil.

“It is open in 2021, a credit of thirteen billion four hundred and sixty million dinars (13,460,000,000 DA), applicable to the operating budget of the Ministry of Trade and Export Promotion and to chapter 46-03: Contribution of the State to stabilize the prices of white sugar and refined ordinary edible oil ”, stipulates the text in question.

Leave a Comment