A significant decline in car imports in Algeria

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Algeria imported about 47 thousand cars in the first half of 2016, a drop of 67 percent on imports of the country in the same period of last year, which amounted to 180 thousand cars. She said APS "The car imports bill for the first half of this year amounted to $ 691 million, compared with $ 2.13 billion during the same period in 2015". According to the Algerian Ministry of Commerce forecast, the value of car imports will not exceed the threshold of one billion dollars during 2016, compared with $ 3.14 billion in 2015 and $ 5.7 billion in 2014. The Algerian government decided earlier to reduce imports of many goods, including cars, cement and iron construction, because of the affected government revenue negatively decline in oil prices. During the month of May, the government granted licenses to 40 auto import agent only, from among 80 applications have been put forward to it. In contrast, government agents committed to investing in the auto sector industries and the people associated with them. During his visit to the province of Tiaret in June, Prime Minister Abdelmalek called baskets to oblige all car dealerships to invest locally, adding that "in the event of failure to respond to this requirement will be withdrawn import licenses of dealers offenders during the year 2017" .anthy 29 / A 43