Government economic decisions, reforms, budgets, and fiscal policy
Despite an expected growth of nearly 4% in 2026, the International Monetary Fund estimates that the Algerian economy remains vulnerable. The IMF forecasts a growth of 3.8% in Algeria in 2026 but warns about the budget deficit, public debt, foreign exchange reserves, and calls for accelerating economic reforms.
In the face of a demand that could exceed 22,000 MW this summer, the public group is strengthening its production capacity, modernizing its networks, and focusing on solar. Sonelgaz expects a consumption peak of up to 22,150 MW and accelerates the deployment of 1,100 MW of solar to secure the summer.
Algeria - The Minister of Interior, Local Communities and Transport, Saïd Sayoud, stated today, Saturday in Algiers, that the delivery of two new aircraft for the Air Algérie group reflects the state's commitment to modernizing the air transport system and enhancing its safety and efficiency, in line with international standards and keeping pace with the transformations taking place in this sector.
The third and final phase of the study work for the South-South water transfer project linking the provinces of Tamanrasset and Tindouf with the Gara Djebilet area has reached a completion rate of 70%, and is still progressing at a regular pace. The project study office director, Farid Djilali, stated in a statement to the Algerian News Agency that the first and second phases of the study have been completed. View the full content on Echourouk Online.
Algeria - The Minister of Public Works and Basic Infrastructure, Abdelkader Jlaoui, chaired a coordination meeting today, Saturday, dedicated to monitoring the progress of several strategic projects currently under implementation, according to a statement from the ministry.
Algeria - The Minister of Public Works and Infrastructure, Abdelkader Djellouli, today Saturday in Algiers, ordered practical measures to accelerate the pace of completion of the Bouchekif-Draïa section of the Eastern Mining Railway project Annaba-Blad El Hadba, emphasizing the importance of respecting deadlines and ensuring field coordination among various stakeholders, according to a statement from the ministry.
Tindouf - The study work for the South-South water transfer project linking the provinces of Timimoun and Tindouf and the Gara Djebilet area is progressing steadily, with its third and final phase reaching a completion rate of 70 percent, as part of efforts to enhance water security and support major strategic projects in the southwestern region of the country, including the Gara Djebilet mine exploitation project.
The Minister of Interior, Local Communities, and Transport, Said Sayoud, confirmed today, Saturday, the state's commitment to building a modern, safe, and efficient air transport system that meets international standards and keeps pace with the rapid developments in the civil aviation sector, in line with the high directives of the President of the Republic, Abdelmadjid Tebboune. This was stated in a speech delivered by the minister during the inauguration ceremony at Algiers International Airport.
The Minister of Public Works and Infrastructure, Abdelkader Jalawi, chaired a coordination meeting today, Saturday, July 11, at the ministry's headquarters, to assess the progress of the works and monitor the pace of the implementation of the Eastern Mining Railway Line project from Annaba to Blad El-Hadba, extending over a distance of 422 km, particularly on the section linking Bouchakouf and Draa extending over a distance of 121 km. According to the ministry, detailed technical presentations were made on the progress of the works at various sites, supported by real-time images reflecting the percentage of completion achieved in various components of the project, particularly the leveling works and technical structures. Read the full content on Echourouk Online.
The United States and Canada are preparing to open the Gordie Howe International Bridge, which connects Detroit to the city of Windsor in Ontario, on July 27, after its operation was delayed. The decision comes after the Canadian government agreed to grant Washington a share of the net profits from toll fees, according to Bloomberg, citing informed officials. The agreement ends a tension between ...
The International Energy Agency has lowered its forecast for the contraction of global oil demand in 2026 to one million barrels per day, compared to 1.1 million barrels per day in its previous estimates, with an expected average global consumption of 103.5 million barrels per day, according to the agency's latest report released yesterday, Friday. The agency predicted that global oil demand would begin to recover during the fourth quarter of this year with an increase of 1.2 million barrels per day, after a sharp decline during the first half of the year, and it also anticipated an increase in demand of about two million barrels per day in 2027, despite the growth rate remaining below historical averages. View the full content on الشروق أونلاين
Completion of the final study by the end of next August.