Finance Minister Abderrahmane Raouya presented the proposed 2026 Finance Law to members of the Council of the Nation on Monday. The session, led by Council President Salah Goudjil, was attended by several government officials. This follows the bill’s prior review, debate, and approval by members of the People’s National Assembly.
The proposed law outlines key aspects of the 2026 fiscal year, addressing both revenue and expenditure, with a strong emphasis on diversifying the national economy, fostering a more attractive investment climate, and improving the living standards of Algerian citizens.
During his presentation, Minister Raouya emphasized that the new law aims to bolster the performance of the national economy, particularly in sectors unrelated to hydrocarbons, which have experienced significant growth and deserve further development.
The state budget expenditures for the 2026 fiscal year are estimated at approximately 17,636 billion Algerian dinars, while revenues are projected to reach 8,009 billion dinars. The new law also adopts a reference price of $60 per barrel of crude oil and a market price of $70, with anticipated petroleum tax revenues of around 2,697 billion dinars during the year.
Regarding economic growth, projections indicate a rate of 4.1% in 2026, rising to 4.4% in 2027 and 4.5% in 2028. These forecasts take into account developments in the national and international economic landscape, particularly the performance of non-oil sectors.
On the legislative front, the Minister highlighted the importance of the law’s provisions, especially those related to protecting the purchasing power of citizens, supporting the economy, and encouraging investment.
