Economic Policy

Government economic decisions, reforms, budgets, and fiscal policy

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35% of petroleum derivatives are produced locally, and the percentage is expected to rise

35% of petroleum derivatives are produced locally, and the percentage is expected to rise

Professor of Economic Sciences at the University of Algiers 3 and economic analyst Houari Tigersi revealed that Algeria currently produces about 35 percent of petroleum derivatives, with expectations to raise this percentage to 50 percent over the next two years, as part of a national strategy aimed at developing manufacturing industries and reducing dependence on imports. Tigersi explained, during his appearance on the program 'Guest of the Morning' on Radio Channel Two, that the new direction falls within the implementation of the directives of the President of the Republic aimed at accelerating the completion of major economic projects, especially in the field of petrochemical and chemical industries. Watch the full content on Echourouk Online.

May 20, 2026echoroukonline.com
AL24 | الاقتصاد

Dollar Stabilizes Near Highest Level in 6 Weeks

The dollar stabilized today, Wednesday, near its highest level in six weeks, as investors began to accept the possibility of interest rate hikes to combat inflation resulting from the war with Iran, which pushed the yen back into the area where authorities intervene to support it. The uncertainty regarding when the war in the Middle East will end negatively affected sentiment, raised concerns about inflation, and led to a global sell-off of bonds as the yield on 30-year U.S. Treasury bonds reached its highest level since 2007. President Donald Trump stated that the United States may have to attack Iran again, but he indicated that it wants an agreement to end the war that has caused disruptions in the region.

May 20, 2026al24news.dz
The dollar stabilizes near a six-week high

The dollar stabilizes near a six-week high

The dollar stabilized today, Wednesday, near its highest level in six weeks, as investors began to accept the possibility of interest rate hikes to combat inflation caused by the war with Iran, pushing the yen back into the area where authorities intervene to support it. The uncertainty regarding when the war in the Middle East will end has negatively affected sentiment and raised concerns...

May 20, 2026al24news.dz
Algeria and Tunisia Discuss Strengthening Health Cooperation

Algeria and Tunisia Discuss Strengthening Health Cooperation

Health Minister Mohamed Sidik Ait Massoudan met yesterday, Tuesday, at the Tunisian Permanent Mission in Geneva, with his Tunisian counterpart, Mustafa Farjani, to discuss ways to enhance cooperation and partnership between the two brotherly countries in the health sector, reflecting the mutual desire to elevate bilateral relations to broader and more integrated levels, on the sidelines of the seventy-ninth session of the World Health Assembly and within the framework of enhancing the distinguished cooperation existing between the two countries.

May 20, 2026iqtissadalbalad.dz
Growth of Trade Exchanges Between Algeria and Spain

Growth of Trade Exchanges Between Algeria and Spain

The Spanish newspaper “La Razón” reported that trade exchanges between Algeria and Spain increased by 9.1% during the first quarter of the year, as part of a broader trend to compensate for the decline in trade with the United States and China by diversifying trading partners, which contributed to supporting the balance of trade for Spain during the same period. The newspaper explained that this performance comes in the context of reshaping the Spanish foreign trade map, where exchanges with the United States decreased by 6.4% and with China by 3.6%, compared to significant growth in dealings with alternative markets, including Algeria and several emerging countries in Asia and Africa. Watch the full content on Echourouk Online...

May 20, 2026echoroukonline.com