The Algerian government decided Saturday, January 8, temporarily remove some taxes on sugar and cooking oil, hoping to curb rising prices and protests in several cities in Algeria. Since Wednesday, the country is plagued by violent riots sparked by high unemployment and a recent rise in prices of basic foodstuffs.At least two people were killed and 400 others injured in the protests, according to a government report. Cetet first response from the Algerian executive takes the form of an exemption of 41% of the burden on importers, producers and distributors of oil and sugar. These measures apply retroactively from January 1 until August 31, 2011, are intended to "deal with the surge in prices of some basic foodstuffs," the government said.
The price of flour, sugar and cooking oil have doubled in recent months to record levels. A kilo of sugar, worth 70 dinars a few months, now costs 150. For these measures are effective, it must now that the fall is passed on to consumer prices. The government says it "expects the producers and distributors to pass emergency effects on prices." For flour, Algiers will not change the price of wheat to mills it provides but will increase the quota of wheat.
Saturday, the tension was still palpable in Algiers, although no incidents were reported overnight. However, new riots took place in Kabylie, east of Algiers, including Tizi Ouzou and Bejaia, and Annaba, witnesses interviewed by.
No comments:
Post a Comment