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In addition to grains, sugar, cooking oil, dried vegetables, Coffee Shop Algeria has included it in its list of state-subsidized products. Faced with rising prices for the hugely popular drink in the country, the government has pulled out its cheque book.
He decided to cap the price of coffee to stop it from rising. This measure was beneficial to Algerians because they were big consumers of this hot drink.
In one year, the price of a cup of coffee in an Algiers cafeteria doubled from 20-30 dinars to 50-60 dinars. A 250-gram bag of ground coffee costs more than 400 dinars, or more than 1,600 dinars per kilogram.
Coffee prices are limited
According to the National Statistics Office, “Industrial food prices rose by +1.7%, with coffee and tea rising by 34.4%, a particularly significant increase. »
Algeria imports 130,000 tons of coffee per year, worth $300 million (before the product’s price increases on the world market).
Faced with this rise, Algeria has decided to limit the price of green coffee, roasted or ground “Arabica” to 1,250 DA per kilogram, and that of Robusta green coffee to 1,000 DA per kilogram, through a decree published in the Official Gazette on Wednesday, August 21. , roasted or ground. Robusta coffee is the most consumed coffee in Algeria and its price has soared in recent months.
The government quickly established the terms of compensation for the price of imported green coffee through an inter-ministerial decree published in Official Gazette No. 59 on Thursday, August 29.
“The price compensation for imported green coffee established in this decree is the amount paid by the State as the difference between the actual cost price of coffee and the maximum sales price (excluding taxes), after deducting taxes and profit margins, applied by the operator involved in the compensation”, details the text published Thursday in the Official Gazette No. 59.
He added that “the amount of compensation is increased by the difference between the amount of VAT paid on imports and the amount of VAT paid on the sales of the coffee business subject to compensation.” »
The decree provides that the maximum sales price of coffee (excluding taxes (…)) is calculated on the basis of the maximum consumer price, taking into account the maximum profit margin that has been established.
• 748.16 DA/Kg, Robusta green coffee, roasted or ground
• 935.20 DA/Kg, Arabica green coffee, roasted or ground.
Coffee price subsidies in Algeria: What you need to know
The decree marks the official entry into force of Algeria’s coffee subsidy measures. The text details the compensation procedure for coffee importers.
It specifically provides that “the reference purchase price of green coffee applicable on the international market shall be published monthly by the ministry responsible for trade on its official website and by any other appropriate means. »
In order to benefit from the subsidy, the operator concerned must submit a request to the “combined control brigade with jurisdiction” for review within no more than 30 days from the date of submission. »
This request “is targeted at the Mixed Control Brigade and is accompanied by a detailed report drawn up by the brigade, which is forwarded by the Provincial Department of Commerce, which has jurisdiction, to the Secretariat of the Compensation Commission at the ministerial level responsible for trade,” it added.
The Compensation Committee “examines and evaluates the request and, within no more than 30 days from the date of its receipt, determines the amount of compensation to be provided to the operator concerned, taking into account the reference purchase price established by the interministerial decree.”
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