Economic Policy

Government economic decisions, reforms, budgets, and fiscal policy

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Economic Policy
Business councils between Algeria and its partners... and a move to activate investment!

Business councils between Algeria and its partners... and a move to activate investment!

Coordinating meetings to propose the composition of each council according to predetermined criteria. The new councils aim to transform economic relations into actual deals. The Ministry of Foreign Trade and Export Promotion has initiated preparations to form joint business councils with several foreign countries, in implementation of the Prime Minister's directives. It has started coordinating with various economic bodies and employer organizations, numbering nine, to prepare the composition of these councils and propose representatives for them, with the aim of exploring partnership and investment opportunities and available commercial deals between Algeria and its economic partners. In a new step within this framework, the Prime Minister has ordered the start of forming joint business councils with several countries.

May 18, 2026echoroukonline.com
Energy & Hydrocarbons
Development of the Petrochemical Industry: A Bridge to Accelerate Economic Transformation

Development of the Petrochemical Industry: A Bridge to Accelerate Economic Transformation

Economic experts emphasized the importance of the orders of the President of the Republic, Abdelmadjid Tebboune, during his chairing of a Council of Ministers meeting on Sunday, aimed at developing the petrochemical industry, considering that they reflect his firm will to accelerate the economic transformation process and transition to a new phase in the valorization of natural resources. In this regard, international expert in economic development, Abdelrahman Hadef, stated in a statement to 'APS' that the President's emphasis on accelerating petrochemical conversion projects highlights 'a political will to continue accelerating the economic transformation process and reflects a strategic awareness of the importance of controlling production and value chains, as this is the fundamental entry point for building true economic sovereignty.'

May 18, 2026echoroukonline.com
SMEs & Local Business
Sayoud receives the Secretary General of the General Union of Algerian Traders and Artisans

Sayoud receives the Secretary General of the General Union of Algerian Traders and Artisans

Algeria - The Minister of Interior, Local Communities and Transport, Said Sayoud, received today, Monday in Algiers, the Secretary General of the General Union of Algerian Traders and Artisans, Issam Badri, to discuss ways to enhance cooperation and coordination between the ministry and the union, particularly in the field of transport, according to a statement from the ministry.

May 18, 2026aps.dz
Economic Policy
Experts Highlight the Strong Will of the President to Accelerate the Economic Transformation Process

Experts Highlight the Strong Will of the President to Accelerate the Economic Transformation Process

Algeria - Economic experts highlighted the directives given by the President, Mr. Abdelmadjid Tebboune, during his chairing of a Cabinet meeting yesterday, aimed at developing the petrochemical industry, considering that they reflect his strong will to accelerate the economic transformation process and transition to a new phase in the valorization of natural resources.

May 18, 2026aps.dz
Regulatory & Legal
Bank of Algeria Organizes a Study Day in the Capital on the Instruction Related to Know Your Customer (KYC) Procedure

Bank of Algeria Organizes a Study Day in the Capital on the Instruction Related to Know Your Customer (KYC) Procedure

Algeria - The Bank of Algeria organized today, Monday in Algiers, a study day on the instruction recently issued 04-2026 related to the Know Your Customer (KYC) procedure applicable to banks, financial institutions, and the financial services of Algeria Post, with the participation of several government members, aimed at explaining, exchanging views, and discussing the provisions contained therein, aimed at enhancing transparency in transactions and various financial procedures.

May 18, 2026aps.dz
Sustainability & Green Economy
Inauguration of the First Project by the Algerian President to Produce 15,000 Megawatts of Renewable Energies

Inauguration of the First Project by the Algerian President to Produce 15,000 Megawatts of Renewable Energies

The Algerian Minister of Energy and Renewable Energies, Mourad Adjall, oversaw the inauguration of a 200-megawatt photovoltaic station today, Monday, in the Wilaya of El-Mghir. Mourad Adjall explained that this important facility, located in the municipality of Tendla, is the first project under the program of the President of the Republic, Abdelmadjid Tebboune, to produce 15,000 megawatts of renewable energies, as part of the state's strategic approach to energy security by diversifying electricity sources...

May 18, 2026al24news.dz