Algiers – Algeria’s proposed budget for 2026 underscores the government’s commitment to social welfare while simultaneously fostering sustainable economic growth, according to Finance Minister Abdelkrim Boualzard. Speaking in Algiers on Sunday, Minister Boualzard emphasized that the measures outlined in the draft budget reflect a dedication to maintaining the state’s social character.
The 2026 budget aims to build upon recent fiscal and financial reforms, driving an upward trajectory in economic growth. A key component of this strategy involves bolstering the non-hydrocarbon sectors, injecting dynamism and diversification into the Algerian economy. The government views this as crucial for long-term stability and resilience against fluctuations in the global energy market.
DZWatch understands that the proposed budget includes provisions designed to improve the living standards of citizens, particularly vulnerable populations. Specific details regarding social programs and allocations are expected to be released following parliamentary review. The National People’s Assembly will be tasked with scrutinizing the proposed legislation in the coming weeks.
The Ministry of Finance has stated that the budget is a balanced approach, carefully calibrated to address both immediate social needs and long-term economic objectives. While details are still emerging, the emphasis on fiscal responsibility and strategic investment signals a commitment to sustainable development.
The 2026 budget proposal comes at a time of significant economic transformation in Algeria. The government is actively pursuing policies aimed at attracting foreign investment, promoting entrepreneurship, and creating employment opportunities for its young population. The success of these initiatives will be critical to achieving the ambitious growth targets outlined in the budget.
