Algiers – The Algerian housing and urban development sector is set to receive a substantial financial injection, according to details emerging from the proposed 2026 budget. Minister of Housing, Urban Development, and City Planning, Mohamed Tarek Belaribi, announced that the sector has been allocated over DZD 614.5 billion in commitment authorizations.
The Minister further revealed that payment appropriations are expected to reach nearly DZD 860 billion. This considerable financial commitment underscores the government’s dedication to addressing the growing demand for housing across the country.
“This significant allocation will allow us to progressively meet the increasing housing needs of our citizens,” Minister Belaribi stated. The funds are earmarked for a range of projects, including the construction of new residential units and the revitalization of existing urban areas.
The Ministry of Housing, Urban Development, and City Planning will oversee the implementation of these projects, ensuring efficient and effective utilization of the allocated funds. The investment is expected to stimulate economic activity within the construction sector and create employment opportunities.
This budgetary allocation reflects the government’s commitment to improving the living standards of Algerians and providing access to affordable and quality housing for all. The move is anticipated to have a positive impact on the real estate market and contribute to the overall development of the nation’s urban landscape.
The 2026 budget signals a strong focus on addressing housing shortages and promoting sustainable urban development in Algeria. The significant financial commitment is expected to drive progress in the sector and contribute to the well-being of Algerian citizens.
