Algerian Dinar


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Algerian Dinar

The currency of Algeria. It was introduced in 1964, replacing the Algerian new franc. The dinar underwent a period of high inflation in the 1990s during Algeria's transition to a capitalist economy, but this has since abated.
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The aim of the capital expansion is to meet regulatory requirements in an executive decree requiring 2bn ($26m) Algerian dinars of capital to insure property and capital.
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Algerian newspaper El Khabar on Wednesday quoted Telecommunications Minister Moussa Benhamadi as saying: "The company (Lacom) has to pay all its outstanding debts, including 30 million Algerian dinars ($408,000)."
Algeria says old Orascom Tel venture owes $400,000
Summary: The amount of the tax on new cars collected in 2009 reached 22.4 billion Algerian dinars, Directorate General of Taxes (DGI) officials told APS on Tuesday.
Tax on new cars: Over DZD 22 billion collected in 2009
BUDGETS, 1995-99 (Algerian dinars, billion) 1999 1998 1998 1997 1996 1995 Draft Revised Draft Revenue 937.10 882.00 901.50 829.40 810.10 586.50 Spending 1,098.57 1,022.69 976.70 914.10 841.60 734.90 Deficit 161.47 140.69 75.20 84.70 31.50 148.40
Algeria - The Economic Base
Summary: Investments for the production of electrical energy will reach some 3,000 billion Algerian dinars by the year 2019, National Electricity and Gas Company (Sonelgaz) CEO Noureddine Bouterfa pointed out on Tuesday.
Sonelgaz: Investments of DZD 3,000 bln by 2019
The regular tax revenue totalled 1,000 billion Algerian dinars in the first eleven months of 2009, up 25 percent over the same period a year earlier, announced Sunday Abderrahmane Raouya, Director General of the Finance Ministry's taxation department.
Tax revenue: DZD 1,000 bln by end November 2009
The 2009 capital budget, up 11.7 percent compared to a year earlier, marks the closing phase of the overall cost of projects included in the supplementary growth support programme and in the South and High Plateaux programmes for 2005-2009, to 13,610 billion Algerian dinars, noted the report.AaAa
CNES: Sustained public funding despite sharp drop in oil prices
Named "IJAR Leasing Algeria," the company will have a capital of 3.5 billion Algerian dinars to be held up to 59 percent by BEA, 35 percent by BES and 6 percent by Swicorp.
BEA to start up leasing company with Portuguese and Swiss partners
Summary: Air Algerie had a turnover of 54.4 billion Algerian dinars in 2008, up 10 percent compared to a year earlier, the airline company's CEO announced on Wednesday.
Air Algerie: 10 percent increase of turnover in 2008
Al Salam Bank has previously acquired the license of Algeria's Money and Credit Council to operate as one of the largest banks in North Africa and to offer its banking services through its headquarters and one branch in the Algerian capital city with a paid up capital of 7.2 billion Algerian Dinars (US$100 million).
The king asked the members of the government to immediately address the causes and effects of the recent floods that hit several regions of the kingdom

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