Economie

Algerian Senate Approves 2026 Finance Law

Algiers – The Algerian Council of the Nation (Senate) overwhelmingly approved the 2026 Finance Law on Thursday, December 4, 2025. The legislation encompasses a series of measures aimed at promoting investment, bolstering the national economy, and enhancing the purchasing power of citizens.

The passage of the Finance Law represents a significant step in the government’s economic roadmap for the coming year. Key provisions within the law are designed to stimulate growth across various sectors, with a particular focus on attracting both domestic and foreign investment.

Key aspects of the 2026 Finance Law include:

  • Incentives for businesses and entrepreneurs to expand operations and create new jobs.
  • Measures to streamline bureaucratic processes and reduce regulatory burdens on investors.
  • Targeted support for strategic industries identified as crucial for long-term economic diversification.
  • Adjustments to tax policies designed to encourage savings and investment.
  • Initiatives to improve the social safety net and protect vulnerable populations from economic hardship.

The government anticipates that the Finance Law will contribute to a more resilient and diversified economy, less reliant on hydrocarbon revenues. The emphasis on strengthening purchasing power reflects a commitment to improving the living standards of all Algerians.

The Senate’s approval follows earlier endorsement by the People’s National Assembly (lower house of Parliament). The Finance Law will now be enacted, paving the way for its implementation beginning January 1, 2026.

The debates surrounding the Finance Law have been extensive, with various stakeholders offering input and suggestions. The government has emphasized its commitment to transparency and inclusivity throughout the legislative process.

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