Tebboune will chair a meeting of the Council of Ministers tomorrow

The President of the Republic, Supreme Head of the Armed Forces, Minister of National Defence, Abdelmadjid Tebboune, will chair tomorrow, Sunday May 8, 2022, a meeting of the Council of Ministers devoted to the examination of bills and presentations concerning several sectors, according to a press release from the Presidency of the Republic this Saturday.

“The President of the Republic, Supreme Head of the Armed Forces, Minister of National Defense, Abdelmadjid Tebboune, will chair tomorrow, Sunday May 8, 2022, a meeting of the Council of Ministers devoted to the examination and debate of the draft of the new law relating to investment, of the draft law relating to the conditions for the exercise of commercial activities”, specified the press release from the Presidency of the Republic.

According to the same source, during this meeting, two other files will be treated. Indeed, it is “two presentations relating to the follow-up of the project of the iron deposit of Ghara Djebilet and the file of the new wilayas”.

Projects examined at the last government meeting

On May 5, an important project was examined by the members of the Government, under the chairmanship of the Prime Minister, Aïmene Benabderrahmane. Indeed, it is about the preliminary bill aiming at the promotion of the investment. This draft text enshrines the principle of freedom of investment and initiative by integrating measures to simplify procedures for the benefit of investors.

On another level, the Minister of Finance Abderrahmane Raouya had presented a communication on the amendment of Ordinance No. 08-04 of 01/09/2008 setting the conditions and terms of concession of land in the private domain of the intended for the realization of investment projects.

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