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December 2, 2025 | 1 month ago
The measures in the 2026 Finance Bill will help support the growth momentum of the national economy
ALGER - Finance Minister Abdelkrim Bouzred said on Monday in Algiers that the measures contained in the 2026 finance bill are likely to contribute to the growth momentum of the national economy and its diversification away from hydrocarbons, while preserving the social character of the state.
Presenting the 2026 finance bill to the members of the Council of the Nation, in a plenary session chaired by Mr. Azouz Nasri, President of the Council, and in the presence of members of the government, Mr. Bouzred specified that this new bill aims to continue to meet the socio-economic needs of citizens and to stimulate the growth of the national economy and its diversification outside the hydrocarbon sector.
This text is part of a national context marked by a ‘gradual recovery’ of the economy, supported by government efforts in several sectors, he added, highlighting measures to promote investment, revive major infrastructure projects and develop exports.
The national economy is expected to maintain its growth rate over the next three years, with a forecast of 4.1% in 2026, 4.4% in 2027, and 4.5% in 2028, as well as a non-hydrocarbon growth rate ranging between 6% and 7%, thanks to momentum in several sectors, including industry, agriculture, construction, and services.
According to figures presented by the minister, the finance bill includes projected expenditures of around 17,636.7 billion dinars in 2026, of which 6,005 billion will be transfer expenditures, including subsidies for various public institutions and agencies under government supervision, including universities and training centers, and transfers to individuals, including retirement pensions and unemployment benefits, as well as subsidies for consumer goods (675 billion dinars).
Expenditures also include those intended for investment, comprising both the new program and the one currently underway, in accordance with the provisions of the organic law on finance laws, according to the minister, who indicated that amendments to the latter will be proposed to parliament for better formulation of finance laws, in particular through the repeal of the obligation to draw up the budget over a period of three (3) years, given the repercussions of international economic fluctuations.
Concerning legislative provisions, Mr Bouzred emphasised the importance of all the measures proposed in the 2026 finance bill, particularly maintaining price stability for consumer goods, regularising the situation of individuals who are behind on their tax payments, supporting start-ups, incubators, and innovation, and encouraging entrepreneurship. He also emphasised continued support for the housing sector, particularly the "AADL" rent-to-own housing program, and the promotion of the environment and green energy.
The text also proposes amendments to the monetary and banking law, allowing the repayment period for advances requested by the Treasury from the Bank of Algeria (BA) to be extended from one to two years, and raising their ceiling from 10% to 20% of annual revenue.
In the preliminary report of the Council's Economic and Financial Affairs Committee, read after the presentation by the committee's rapporteur, Noureddine Habib, the Committee welcomed the efforts made in the area of economic reform, particularly encouraging and protecting local investment, and the significant increases in wages.
December 3, 2025 | 
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