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October 22, 2025 | 2 months ago

2026 Finance Bill: A budget focused on economic resilience and diversification

On Sunday and Monday, the Finance and Budget Committee of the National People's Assembly heard testimony from the directors general of the Budget, Treasury, and Customs departments as part of its review of the 2026 finance bill, which provides for 657.65 billion dinars in subsidies, 97,919 new jobs, and incentives for access to housing and modernization of the customs system.

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The 2026 finance bill, presented by the directors general of the Budget and Treasury, aims to strengthen the resilience and diversification of the Algerian economy. It provides for increased support for non-hydrocarbon sectors, particularly agriculture and industry, while ensuring food and water security. A significant budgetary effort is devoted to subsidies for necessities (657.65 billion dinars), the creation of nearly 98,000 new jobs, mainly in education, and the total reduction of interest rates on real estate loans for certain categories of civil servants.

The text also introduces financial innovations, such as sovereign sukuks, and mechanisms to improve the contribution of public enterprises to state financing. The Treasury plans to increase its commitments in 2026 to support structural projects in transport, energy, and water.

Regarding customs, the 2026 Finance Bill strengthens measures against money laundering, unifies the currency declaration threshold at €1,000, and improves the control of financial flows. It also contains measures to facilitate trade, reduce port congestion, and encourage trade with Africa. Tax exemptions are planned for micro-importers, livestock intended for Eid 2026, and goods sold at the Intra-African Trade Fair.

October 22, 2025 | algeria-logo