soon a law to stabilize the price of food – La Nouvelle Tribune

soon a law to stabilize the price of food – La Nouvelle Tribune
soon a law to stabilize the price of food – La Nouvelle Tribune

Faced with the continued rise in food prices, Algeria is embarking on a path of ambitious economic regulation. A new law, currently being finalized, aims to regulate the national market to stabilize prices, improve the quality of products, and protect the purchasing power of citizens.

This reform, led by the Ministry of Commerce, meets a dual requirement: offering products accessible to consumers while preserving the economic balance between producers and traders. According to Ahmed MokraniDirector General of Regulation of Activities at the Ministry, this law will introduce mechanisms adapted to the specificities of each economic sector, thus offering a targeted response to market issues.

The new legislation aims to reorganize the relationships between the different market players. It establishes price control mechanisms in order to avoid excessive fluctuations, while promoting better collaboration between producers, distributors and consumers. This integrated approach, which favors consultation and regulation, should make it possible to structure the national market sustainably.

In addition to price regulation, the government places product quality at the heart of its concerns. A plan to expand control infrastructure plans to increase from 35 to 45 analysis laboratories by 2025. Mobile laboratories will also be deployed at borders to ensure rigorous control of imported and exported goods. This approach aims to guarantee better compliance with current standards while supporting the competitiveness of local products.

At the same time, a national commission will be set up to identify and promote Algerian products. This promotional effort is accompanied by increased awareness among economic operators in order to strengthen their role in the development of the local economic fabric. By adopting this new law, Algeria wishes to establish a transparent and equitable economic framework. This initiative reflects the government's desire to effectively combat the high cost of living while supporting national businesses.

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