The Algerian Consumer Protection Organization Welcomes Recent Cabinet Decisions

BY: Dr. Hana Saada

Algiers, Algeria | October 21st, 2024 — The Algerian Consumer Protection Organization has voiced strong approval for the government’s latest initiatives to safeguard citizens from inflated prices, recognizing the periodic price cap system and regulation of profit margins as pivotal measures for ensuring market stability.

In an official statement, the organization expressed its deep interest in the recent Cabinet meeting chaired by President Abdelmadjid Tebboune, where significant discussions were held on protecting purchasing power and regulating the market.

The organization commended the President’s directives on managing import operations, stressing the importance of maintaining steady national production without compromising citizens’ access to essential goods. It further highlighted the crucial role of engaging relevant authorities and professional bodies in determining the list of raw materials eligible for import to ensure a balanced supply.

Additionally, the organization underscored the importance of the market surveillance and monitoring systems in safeguarding fair prices and product availability, ensuring citizens are not subject to undue financial strain.

Reaffirming its commitment to active collaboration with the authorities, the Algerian Consumer Protection Organization pledged to continue advocating for the availability of quality products at reasonable prices. It also emphasized its dedication to consumer education, empowering the public with knowledge about their rights and responsibilities.

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