Increased trade surplus achieved by Algeria during the first eight months of this year to $ 19.7 billion versus $ 15.1 billion during the same period of last year, and added the customs that the country's exports Nahzat 49.8 billion dollars during the period mentioned against 47.6 billion dollars last year, an increase of 4.6%.
While value of imports declined Algeria rose 7.44% to $ 30.06 billion against $ 32.4 billion during the first eight months of 2011. And these numbers are exports covered imports by 166% during the reference period of the current year compared to 147% in the past year.
Algerian Customs attributed the rise in the trade surplus to the rise of the country's exports of fuel by 5%, with the continued decline in imports, especially food and agricultural and industrial gear. And petroleum products remain the dominant item on the structure of Algerian exports by more than 97% of the total value.
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Head of the largest union of businessmen in Algeria said that the volume of trade is structured (their owners do not pay taxes) in the Algerian economy between 30% and 70%, depending on sectors
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Trade unstructured
In a related development, the head of the largest union of businessmen in Algiers that the volume of trade is structured (their owners do not pay taxes) in the Algerian economy between 30% and 70%, depending on sectors.
The President of the Forum of Presidents of companies Reza Hamiani in remarks broadcast that trade is structured strongly present in the textile, footwear and software, cosmetics, and considered the same speaker that this trade is organized is unfair competition for trade organization because workers in the first do not pay any taxes.
He praised Hamiani campaign waged by the Algerian authorities to eliminate street vendors in the streets, but he cautioned that these make up only "weak link" of the trade sector is structured, pointing to the existence exporters working in various sectors of the state do not pay their duties tax.
While value of imports declined Algeria rose 7.44% to $ 30.06 billion against $ 32.4 billion during the first eight months of 2011. And these numbers are exports covered imports by 166% during the reference period of the current year compared to 147% in the past year.
Algerian Customs attributed the rise in the trade surplus to the rise of the country's exports of fuel by 5%, with the continued decline in imports, especially food and agricultural and industrial gear. And petroleum products remain the dominant item on the structure of Algerian exports by more than 97% of the total value.
"
Head of the largest union of businessmen in Algeria said that the volume of trade is structured (their owners do not pay taxes) in the Algerian economy between 30% and 70%, depending on sectors
"
Trade unstructured
In a related development, the head of the largest union of businessmen in Algiers that the volume of trade is structured (their owners do not pay taxes) in the Algerian economy between 30% and 70%, depending on sectors.
The President of the Forum of Presidents of companies Reza Hamiani in remarks broadcast that trade is structured strongly present in the textile, footwear and software, cosmetics, and considered the same speaker that this trade is organized is unfair competition for trade organization because workers in the first do not pay any taxes.
He praised Hamiani campaign waged by the Algerian authorities to eliminate street vendors in the streets, but he cautioned that these make up only "weak link" of the trade sector is structured, pointing to the existence exporters working in various sectors of the state do not pay their duties tax.
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