Economic Policy

Government economic decisions, reforms, budgets, and fiscal policy

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Economic Policy
AL24 | الاقتصاد

IMF Raises Growth Forecasts for Sub-Saharan African Countries

The IMF has raised its growth forecasts for the economies of Sub-Saharan African countries to 4.5 percent for the years 2026 and 2027, up from 4.3 percent in its previous estimates. The fund explained in its report on 'Regional Economic Outlook Updates' for Africa in October 2026 that the increase in growth forecasts reflects the region's economies' ability to adapt to global supply chain disruptions and local economic reforms. Despite the improved growth forecasts, the report noted disparities in economic performance among countries in the region, with resource-rich economies continuing to show some resilience, while countries less dependent on natural resources face a slowdown in the pace of economic activity.

Oct 16, 2026al24news.dz
Energy & Hydrocarbons
Algeria's oil production exceeds one million barrels per day for the second consecutive month

Algeria's oil production exceeds one million barrels per day for the second consecutive month

Algeria's crude oil production surpassed one million barrels per day in September 2026, recording 1.003 million barrels, maintaining this level for the second consecutive month for the first time in over three years, amid expectations of continued increases during the last two months of the year, driven by easing voluntary production cuts within the OPEC+ alliance. According to data from the Organization of the Petroleum Exporting Countries (OPEC), Algerian production rose to about one million and 3 thousand barrels per day in September, compared to one million barrels per day in August, after remaining below this level since April 2023. This increase is part of a gradual trend that began at the start of this year, coinciding with the implementation of the alliance's plan to eliminate production cuts.

Oct 16, 2026echoroukonline.com
Trade & Exports
Algeria and Oman Aim to Expand Trade Exchanges and Economic Partnerships

Algeria and Oman Aim to Expand Trade Exchanges and Economic Partnerships

The Minister of Foreign Trade and Export Promotion, Kamel Rezig, discussed with the Ambassador of the Sultanate of Oman to Algeria, Saif bin Nasser bin Rashid Al-Badawi, and the Chairman of the Board of Directors of the Suhail Bahwan Group, Saad Suhail Bahwan, opportunities to expand trade exchanges and enhance economic partnerships between the two countries, focusing on the role of economic operators in promoting bilateral cooperation and opening new horizons for investment. The meeting took place on Thursday in Algiers, as part of efforts to develop trade and economic relations between Algeria and the Sultanate of Oman, according to a statement from the Ministry of Foreign Trade and Export Promotion. Watch the full content on Echourouk Online.

Oct 16, 2026echoroukonline.com
Technology & Digital
إقتصاد - الشعب

Rziq listens to a presentation on the digital system for managing administrative correspondence

The Minister of Foreign Trade and Export Promotion, Kamal Rziq, along with ministry officials, listened to a presentation on the digital system dedicated to managing administrative correspondence, yesterday Thursday at the ministry. The presentation covered various stages of processing correspondence, starting from its registration and referral to the relevant departments, up to monitoring its processing, ensuring tracking of its path and improving coordination between the various departments of the ministry. On this occasion, the minister confirmed...

Oct 16, 2026echaab.dz
Economic Policy
Finance Law 2027.. State Property Revenues Estimated at 126 Billion Dinars

Finance Law 2027.. State Property Revenues Estimated at 126 Billion Dinars

The General Directorate of National Properties expects to collect revenues amounting to 126 billion dinars during the year 2027, as part of the draft finance law for the upcoming year, which includes 29 proposed measures in the field of national properties, alongside tax measures aimed at encouraging productive investment, expanding the state's financial resources, and preserving purchasing power. This came during the continuation of the Finance and Budget Committee of the National People's Assembly, on Thursday, studying the draft finance law 2027, by listening to officials from the General Directorate of National Properties and the General Directorate of Taxes regarding the proposed measures in the fields of national properties and taxation, according to a statement from the council. Watch the full content on الشروق...

Oct 16, 2026echoroukonline.com
Energy & Hydrocarbons
U.S. Oil Inventories Decline as Gasoline Stocks Rise Last Week

U.S. Oil Inventories Decline as Gasoline Stocks Rise Last Week

U.S. crude oil and distillate inventories fell last week, while gasoline stocks rose. The U.S. Energy Information Administration reported Thursday that crude oil inventories fell by 8.6 million barrels to 415.6 million barrels for the week ending October 9, adding that crude oil inventories at the Cushing distribution hub in Oklahoma rose by 1.9 million barrels during the week.

Oct 16, 2026radioalgerie.dz
Economic Policy
إقتصاد - الشعب

The President of the Republic placed the institution and investment at the heart of economic development

Algeria - Economic experts highlighted the importance of the meeting between the President of the Republic, Mr. Abdelmadjid Tebboune, and economic operators, which took place yesterday, Wednesday, in strengthening direct communication with the national economic fabric, which is expected to add greater dynamism to development projects across all sectors, contributing to enhancing the competitiveness of the national economy. They confirmed that the messages of the President of the Republic to the operators translate his direction towards […]

Oct 15, 2026echaab.dz