The draft finance law for the year 2027 proposes measures that allow the customs clearance of new and used imported vehicles that have exceeded the age condition specified in the applicable legislation and regulations, within defined time limits, in exchange for meeting certain conditions.
Algeria - The Minister of Foreign Trade and Export Promotion, Kamel Rezig, discussed today, Monday in Algiers, ways to enhance trade exchanges and expand economic cooperation with both Somalia and Russia, according to a statement from the ministry.
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Algeria - The National Savings and Investment Fund and the National Insurance Company announced the strengthening of their strategic partnership by launching a bundled insurance offer with preferential terms for public transport operators who purchase buses under long-term loans, according to a joint statement from the two institutions.
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The national economy is expected to continue its positive trend in 2027, with a projected growth of 4.2 percent, thanks to the anticipated performance of sectors outside hydrocarbons, particularly industry, construction, services, and agriculture, according to the draft finance law for 2027 presented by Finance Minister Mohamed Lamine Lobou today, Monday, before the Finance and Budget Committee of the National People's Assembly.
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