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Friday, April 26, 2024 2:36 GMT
Prime Minister, Minister of Finance, Aimene Benabderrahmane said Wednesday that the revision of the social subsidy policy aimed at directing the allocated funds to the real beneficiaries among the vulnerable and middle classes.The measures provided by the Draft Finance Bill 2022 on the reform of the social subsidy policy "enshrine the social orientation of the State, an orientation that reflects the principles of 1 November," said Benabderrahmane at a press conference held after the adoption of the Draft Finance Bill 2022 by the People's National Assembly (Lower House).The State "has helped and will continue to subsidize through significant amounts provided in the Draft Finance Bill 2022 the vulnerable and middle categories. The subsidy policy will continue and will never be canceled,” assured the PM.The review of subsidies aims to "direct the funds allocated to the real beneficiaries through mechanisms,” said Benabderrahmane, recalling that the Finance Act will be followed by other legislation, such as the law on investment, the code of public procurement, and the law on public-private partnership (PPP).