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Friday, February 12, 2010

Algeria to impose price controls

2010-02-11

Algeria plans to regulate prices of widely-consumed goods to help curb rising inflation, Commerce Minister El Hachemi Djaâboub told APS on Wednesday (February 10th). Through amendments to the Competition Act, price controls will be imposed on 10-15 basic products, such as sugar and cooking oil. Already-regulated items include milk, flour, water, petrol and diesel fuel.

Source: Magharebia.com
Link: http://magharebia.com/en_GB/articles/awi/newsbriefs/general/2010/02/11/newsbrief-02.

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