Abdelaziz Bouteflika resigns as president of Algeria after 20 years in power

Agencies
April 3, 2019

Algiers, Apr 3: Algeria’s ailing leader Abdelaziz Bouteflika submitted his resignation with immediate effect, state television said Tuesday, ceding power in the face of massive street protests after two decades at the helm.

Bouteflika “officially advised the Constitutional Council of the end of his term of office as President of the Republic” from Tuesday, said a news ticker on the public broadcaster.

Long accused of clinging to power, Bouteflika has come under mounting pressure to step down since his decision to seek a fifth term despite rarely being seen in public after suffering a stroke in 2013.

The 82-year-old, who uses a wheelchair, said last month he would pull out of the bid for another term, and on Monday his office said he would resign before his mandate expires at the end of the month.

The moves failed to satisfy protesters who feared a ploy to extend his rule and the armed forces chief called for him to leave power.

His resignation was also reported by the official APS news agency, which said Bouteflika had “formally notified the head of the Constitutional Council of his decision to end his term of office.”

His departure comes after 20 years of rule, with the veteran of the independence struggle finally losing his grip after weeks of massive street protests and the loss of support from key loyalists.

Car horns sounded in the street as small crowds of people began gathering to celebrate in Algiers.

The United States said the future of Algeria was now up to its people.

“Questions about how to navigate this transition in Algeria, that is for the Algerian people to decide,” State Department spokesman Robert Palladino told reporters.

Algeria’s constitution says that once the president officially resigns the speaker of the upper house of parliament would act as interim leader for up to 90 days during which a presidential election must be organized.

The resignation came shortly after the military demanded impeachment proceedings be launched against Bouteflika immediately as it dismissed the announcement he would resign before his mandate expires.

Armed forces chief Ahmed Gaid Salah called for “the immediate application of the constitutional procedure for removing the head of state from power,” in a defense ministry statement after a meeting of top brass.

The statement said the army considered an announcement from the presidency on Monday that Bouteflika would resign by the end of his term on April 28 as invalid because it did not come from the president himself.

“Any decision taken outside the constitutional framework is considered null and void,” the general said.

Without naming anyone, Gaid Salah criticized “the stubbornness, the procrastination and the deviousness of certain individuals who are trying to make the crisis last and make it more complex with the only concern being their narrow personal interests.”

He said the army’s “sole ambition” was to “protect the people from a handful of (other) people who have unduly taken over the wealth of the Algerian people.”

A long-time Bouteflika ally, the general last week called on the president to resign or be declared unfit to rule, becoming one of the first of his faithful supporters to abandon him.

On Monday, the presidency said in a statement that Bouteflika would resign “before April 28, 2019,” after “important decisions” were taken, without specifying when these moves would occur.

The veteran leader would take “steps to ensure state institutions continue to function during the transition period,” it said in the brief statement that was carried by the official APS news agency.

That announcement was greeted by little sign of euphoria as people insisted that the whole ruling establishment must go.

Bouteflika’s resignation would not “change anything,” psychology student Meriem Medjdoub said as she marched in central Algiers earlier Tuesday with around 1,000 protesters.

“We are demanding a radical change,” she told news agency.

As rumors swirled of frantic behind-the-scenes manoeuvring, prosecutors on Monday announced they had banned corruption suspects from leaving Algeria after launching graft probes against unnamed individuals.

The authorities did not say who was being targeted by probes into corruption and illegal money transfers abroad, but they followed the arrest of the president’s key backer, businessman tycoon Ali Haddad.

Haddad, who Forbes magazine describes as one of Algeria’s wealthiest entrepreneurs, was detained at the weekend at a border post with neighboring Tunisia.

Bouteflika had named a new government on Sunday, made up mainly of technocrats under recently appointed premier Noureddine Bedoui.

The administration — supposed to steer the country toward transition — included General Gaid Salah remaining in his position as deputy defense minister.

Among the other key Bouteflika backers is his younger brother and special adviser Said, who was frequently cited in the past as a likely successor to the president.

Discreet and rarely seen in public, Said Bouteflika has exerted increasing influence behind the scenes as his brother’s health woes worsened, but the president’s resignation could take away much of his power.

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News Network
May 11,2020

May 11: Saudi Arabia will triple its value-added tax rate and suspend a cost of living allowance for state workers, it said on Monday, seeking to shield finances hit by low oil prices and a slump in demand for its lifeline export worsened by the new coronavirus.

Historic oil output cuts agreed by Riyadh and other major producers have given only limited support to prices after they sank on oversupply caused by a war for petroleum market share between the kingdom and its fellow oil titan Russia.

Saudi Arabia, the world's largest oil exporter, is also being hit hard by measures to fight the new coronavirus, which are likely to curb the pace and scale of economic reforms launched by Crown Prince Mohammed bin Salman.

"The cost of living allowance will be suspended as of June 1, and the value added tax will be increased to 15% from 5% as of July 1," Finance Minister Mohammed al-Jadaan said in a statement reported by the state news agency. "These measures are painful but necessary to maintain financial and economic stability over the medium to long term...and to overcome the unprecedented coronavirus crisis with the least damage possible."

The austerity measures come after the kingdom posted a $9 billion budget deficit in the first quarter.

The minister said non-oil revenues were affected by the suspension and decline in economic activity, while spending had risen due to unplanned strains on the healthcare sector and the initiatives taken to support the economy.

"All these challenges have cut state revenues, pressured public finances to a level that is hard to deal with going forward without affecting the overall economy in the medium to long term, which requires more spending cuts and measures to support non-oil revenues stability," he added.

The government has cancelled and put on hold some operating and capital expenditures for some government agencies, and cut allocations for some reform initiatives and projects worth a total 100 billion riyals ($26.6 billion), the statement said.

Central bank foreign reserves fell in March at their fastest rate in at least 20 years and to their lowest since 2011, while oil revenues in the first three months of the year fell 24% from a year earlier to $34 billion, pulling total revenues down 22%.

"The reforms are positive from a fiscal side as greater adjustment is essential. However, the tripling of VAT is unlikely to help that much in 2020 revenue wise with the expected fall in consumption," said Monica Malik, chief economist at Abu Dhabi Commercial Bank.

She said she kept unchanged her deficit forecast of 16.3% of GDP for this year, which already factors in a greater than previously announced spending cut.

About 1.5 million Saudis are employed in the government sector, according to official figures released in December.

In 2018, Saudi Arabia's King Salman ordered a monthly payment of 1,000 riyals ($267) to every state employee to compensate them for the rising living costs after the government hiked domestic gas prices and introduced value-added tax.

DIFFICULT TIMES

A committee has been formed to study all financial benefits paid to public sector employees and contractors, and will submit recommendations within 30 days, the statement said.

In late 2015, when oil prices fell from record highs, the kingdom slashed lavish bonuses, overtime payments and other benefits once considered routine perks in the public sector.

In a country without elections and with political legitimacy resting partly on distribution of oil revenue, the ability of citizens to adapt to such reforms is crucial for stability.

"Tripling the VAT will test the limits of the balance between revenues and consumption as the economy dives into a deep recession. The move will impact consumption and could also lower the expected revenues," said John Sfakianakis, a Gulf expert at the University of Cambridge.

"These are pro-austerity and pro-revenue moves rather than pro-growth ones," he said.

Hasnain Malik, head of equity strategy at Tellimer, said the VAT rise could bring about $24-$26.5 billion in additional non-oil fiscal revenue. The rise would hit consumer spending further but was a needed step towards fiscal sustainability, he said.

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News Network
May 2,2020

Dubai, May 2: Saudi Arabia has confirmed 1,362 new coronavirus cases, bringing the total number of COVID-19 patients in the country to 25,459, the Ministry of Health reported Saturday.

In the daily media briefing, the ministry announced 7 more deaths and 210 new recoveries, raising the total number of fatalities and recoveries to 176 and 3,765, respectively.

Out of the 1,362 new cases reported today, 249 were confirmed in Medina, 245 in Jeddah, 244 in Mecca, 161 in Riyadh, in addition to 126 infections in Dammam, 81 in Khobar and 80 in Jubail.

Dr. Mohammed Al Abd Al Aly, spokesman for Saudi Arabia’s Ministry of Health reiterated that so far there was no evidence that hot weather will curtail the spread of coronavirus.

Authorities continue to urge people to stay at home unless necessary despite having relaxed some restrictions and curfews at the start of Ramadan.

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Agencies
June 20,2020

Riyadh, Jun 20: Saudi Arabia will end a nationwide curfew and lift restrictions on businesses from Sunday morning after three months of lockdown to curb the spread of coronavirus, state news agency SPA quoted a source in the interior ministry as saying on Saturday.

The curfew will be lifted as of 6 AM local time on Sunday. Restrictions will remain, however, for religious pilgrimages, international travel and social gatherings of more than 50 people.

The kingdom introduced stringent measures to curb the spread of the novel coronavirus in March, including 24-hour curfews on most towns and cities.

In May, it announced a three-phase plan to ease restrictions on movement and travel, culminating in the curfew completely ending on June 21.

The number of coronavirus infections has risen in recent weeks following a relaxation of movement and travel restrictions on May 28.

The kingdom has recorded 154,223 cases of COVID-19 and a total of 1,230 deaths, the highest in the six-nation Gulf Cooperation Council.

Saudi Arabia plans to limit numbers at the annual haj pilgrimage to prevent a further outbreak of coronavirus cases, sources familiar with the matter told Reuters earlier this month.

Some 2.5 million pilgrims visit the holiest sites of Islam in Mecca and Medina for the week-long haj, a once-in-a-lifetime duty for every able-bodied Muslim who can afford it. Saudi Arabia asked Muslims in March to put haj plans on hold and suspended the umrah pilgrimage until further notice.

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