
PLF 2027: The finance committee hears the director general of customs
Abdelhafid Bakhouche presents the customs reforms of PLF 2027 before the APN: ALCES digitization, single window, and anti-fraud efforts
Government economic decisions, reforms, budgets, and fiscal policy

Abdelhafid Bakhouche presents the customs reforms of PLF 2027 before the APN: ALCES digitization, single window, and anti-fraud efforts

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The Minister of State and Minister of Hydrocarbons, Mohamed Arkab, stated that the hydrocarbons sector recorded 17 new discoveries through SONATRACH's efforts since the beginning of the current year.

Nigerian businessman Aliko Dangote revealed his group's plans to invest up to $50 billion in the manufacturing sector in Africa by the end of 2030, noting that Algeria intends to enter the production of Linear Alkylbenzene (LAB) with an annual capacity of 100,000 tons, through a strategic petrochemical project underway in Skikda, according to statements reported by 'Business Insider Africa'. Read the full content on Echourouk Online.

Algeria - The Minister of State, Minister of Energy, Mohamed Arkab, began today, Saturday, to present a report on the sector before the Finance and Budget Committee of the National People's Assembly, as part of the study and discussion of the 2027 Finance Bill.

The President of the Republic, Abdelmadjid Tebboune, announced a series of economic goals and strategic projects, most notably connecting Tamanrasset to the railway network before the end of 2028, completing the trans-Saharan road and linking it to Chad, Niger, and Mali before the end of 2027, in addition to manufacturing a fully Algerian car by the end of 2028, emphasizing the continuation of efforts to diversify the economy and enhance national production. President Tebboune stated during the annual speech before economic operators that Algeria seeks to continue its economic transformation and transition from a managed economy to a free economy based on liberating economic initiative while maintaining social and economic stability. He confirmed that the recorded indicators reflect a significant difference.

The port authority of Mistergham has set December 31, 2026, as the final deadline for completing the transfer of the import of utility vehicles and activities of self-employed contractors to other national ports, with the process to be gradually implemented within a period not exceeding 15 days, as part of the reorganization of port activities and the allocation of Mistergham Port for import operations directed at public institutions and companies. The authority announced in a statement that its general director chaired a broad awareness meeting last Thursday with the participation of economic operators and partners active in the port community, and in the presence of the head of the customs inspection department for the province of Mistergham, to discuss the necessary organizational and logistical arrangements for implementation.

As part of the implementation of the sectoral program in the field of public works, the Minister of Public Works and Basic Infrastructure, Mr. Abdelkader Ghalawi, chaired this Saturday at the ministry's headquarters, a coordination meeting attended by the central officials of the ministry, the Director General of the Algerian Highway Authority (ADA), and its officials.

The Governor of the Bank of Algeria, Mohand Bourai, during the 54th meeting of the International Monetary Fund's Committee on Monetary and Financial Affairs in Bangkok (Thailand), emphasized the need to take all necessary measures to restore overall financial stability and protect public investment, relying on reliable medium-term frameworks that would support sustainable and inclusive growth, considering the situation in the Middle East.

Algeria's revenues from hydrocarbon exports reached $37.5 billion between January and the end of September 2026, according to what was reported today, Saturday, in Algiers by the Minister of State and Minister of Hydrocarbons, Mohamed Arqab. Mr. Arqab explained, during a presentation he gave before the Finance and Budget Committee of the National People's Assembly, as part of the study and discussion of the 2027 Finance Law project, in the presence of the Minister of Relations with Parliament, Najiba Djilali, that these revenues were mainly driven by a 37% increase in the average price of Algerian crude oil compared to the same period in 2025.

Oil prices rose by more than 3% and are on track to achieve weekly gains, according to media reports on Friday. Brent crude futures increased by $3.41 or 3.2% to $109.34 per barrel by 16:41 GMT, while West Texas Intermediate crude futures rose by $2.74 or 2.8% to $100.67, surpassing the $100 mark for the first time since September 21.

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