Rédaction Africa Links 24 with Farid L.
Published on 2024-04-18 15:11:57
The Prime Minister, Nadir Larbaoui, signed the executive decree setting the maximum profit margins at the stages of importation and distribution, wholesale and retail, of fresh chilled beef and sheep meats.
The executive decree in question is published in Official Journal No. 26 of April 9, 2024. The legislation caps the profit margins applied to imported red meats throughout the process of being put on the market.
Additionally, the capping of margins, as specified in decree 24-133, applies to “chilled fresh beef and sheep meats, imported in carcass, half-carcass, and vacuum-packed forms” at the stages of importation and distribution, both wholesale and retail.
Here are the maximum profit margins on imported red meats:
– At the importation stage: 4% per kilogram
– At the wholesale distribution stage: 5% per kilogram
– At the retail distribution stage: 8% per kilogram
Regarding the method of calculating these maximum margins, the text specifies that at the importation stage, it is based on the cost price, and at the wholesale and retail distribution stages, it is based on the cost and purchase price, respectively.
This new measure aims to ensure the stabilization of prices of imported red meat around 1200 DA/kg or 1300 DA/kg, as decided by the government. Previously, authorities had capped profit margins on rice and legumes.
Read the original article(French) on Algerie 360
