Algiers, October 14, 2025 – Finance Minister Abdlkarim Bouazrd presented the proposed 2026 budget to the Finance and Budget Committee of the National People’s Assembly on Tuesday. The proposed budget surpasses $136 billion, marking a historic milestone for the nation’s financial planning.
During the session, chaired by Ahmed Benhachem, head of the committee, and attended by Minister of Relations with Parliament, Nadjiba Djilali, Bouazrd detailed the budget’s projections. The 2026 budget anticipates expenditures of 17,636.7 billion dinars and revenues of 8,009 billion dinars.
Minister Bouazrd emphasized that this landmark budget, exceeding $136 billion, is built upon a series of major economic and social measures. These measures reflect the government’s commitment to supporting growth, improving citizens’ purchasing power, and increasing public sector salaries.
The 2026 Finance Bill projects an economic growth rate of 4.1% in 2026, rising to 4.4% in 2027 and 4.5% in 2028. This growth is expected to be driven by the positive performance of sectors outside of hydrocarbons, particularly agriculture, industry, and construction.
Projections indicate that Algeria’s Gross Domestic Product (GDP) will reach approximately 42 trillion dinars ($323 billion) in 2026, increasing to $347 billion in 2027 and $373 billion in 2028.
The Minister affirmed that the draft law was prepared based on a reference tax price for crude oil of $60 per barrel and a market price of $70 per barrel.
The 2026 budget also forecasts a non-hydrocarbon GDP of approximately $280 billion in 2026, $303 billion in 2027, and $332 billion in 2028. Furthermore, the 2026 Finance Bill includes a 1.4% increase in the total wage bill, reaching approximately $45 billion, which represents one-third of the state budget. These figures highlight the government’s dedication to public sector employees and economic diversification.
