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November 11, 2025 | 1 day ago

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The 2026 draft budget presented yesterday by the Minister of Finance to the National People's Congress: ‘Preserving the momentum of economic growth’

The draft finance bill for the coming financial year (2026) was drawn up with a view to ‘responding to the essential principle of preserving a sustainable economic growth trajectory and supporting the momentum observed in recent years, with a view to creating jobs and meeting the country's socio-economic needs’.

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During the presentation of the 2026 draft finance bill to the APN, Finance Minister Abdelkrim Bouzred stated that the national economy is continuing its recovery despite an unstable global economic climate. He highlighted the government's efforts to diversify the economy, encourage investment, revive major projects, promote domestic production and boost non-hydrocarbon exports. Growth is being driven by non-oil sectors, particularly industry and agriculture, with a projected rate of 4.1% in 2026, 4.4% in 2027, and 4.5% in 2028. The Treasury deficit is expected to fall to 4,045.5 billion dinars in 2025 (compared to 9,221.5 billion initially forecast). The 2026 budget forecasts revenues of 8,009 billion dinars and expenditures of 17,636 billion. The budget deficit is expected to gradually decline from 12.4% of GDP in 2026 to 11.2% in 2028. The draft budget also introduces measures to promote price stability, support start-ups, energy transition, combat fraud, and simplify taxation to stimulate investment.

November 11, 2025 | algeria-logo

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