The Finance Law for the year 2026 has been officially published in issue number 88 of the Official Gazette. President Abdelmadjid Tebboune signed the law on December 14th.
The law, previously approved by the Council of the Nation on December 4th and the National People’s Assembly on November 18th, outlines several legislative measures primarily aimed at promoting investment and strengthening the national economy. These measures include streamlining tax procedures, bolstering purchasing power, and improving the living standards of citizens.
Key objectives of the Finance Law 2026 include:
- Promoting Investment: Creating a more attractive environment for both domestic and foreign investment.
- Strengthening the National Economy: Diversifying the economy and reducing reliance on hydrocarbons.
- Simplifying Tax Procedures: Making it easier for businesses and individuals to comply with tax regulations.
- Supporting Purchasing Power: Implementing measures to help citizens cope with rising costs of living.
- Improving Living Standards: Investing in infrastructure and social programs to improve the quality of life for all Algerians.
The law projects an economic growth rate of 4.1 percent in 2026, 4.4 percent in 2027, and 4.5 percent in 2028. This growth is expected to be driven by the anticipated performance of sectors outside of the hydrocarbon industry.
The government hopes that the Finance Law 2026 will create a more resilient and prosperous economy for Algeria.
