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Fight against informal economy: ILO “hails” Algeria’s efforts

ORAN- Frederic Lapeyre, expert at the International Labour Organization (ILO), hailed in a debate held at Oran's Chamber of Commerce and Industry (CCIO), "the efforts made by Algeria to ensure transition from informal economy to formal economy."

“We hail the efforts spent by the Algerian government for the policy it has adopted, which targets transition from informal economy to formal economy through facilitating registration of very small businesses, introducing a more adapted tax system and social dialogue,” said the expert who delivered a communication on “Transition from informal economy to formal economy.”

Besides, the speaker welcomed “the Algerian government’s awareness of the need for the fight against informal economy and employment,” the ILO expert said.

Speaking on this occasion, president of the CCIO Abed Mouad highlighted the dimension informal economy has taken on the margins of criminal law, social security and tax.

Source: Fight against informal economy: ILO “hails” Algeria’s efforts

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