Government economic decisions, reforms, budgets, and fiscal policy
Timimoun - Agriculture and Rural Development Minister Yassine Mahdi Walid stated today, Thursday, from the Wilaya of Timimoun, that a record grain production is expected, particularly for durum wheat, for the current agricultural season (2025-2026).
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Economy of Algeria news
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The Minister of Post and Telecommunications, Sid Ali Zrouki, stated today, Thursday, that his sector pays great attention to ensuring comprehensive access to wireless communication services across the national territory, based on the high directives of the President of the Republic.
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Algeria is seeking to raise its national aquaculture production to over 20,000 tons annually by 2027, as part of a government plan aimed at enhancing food security and developing the fishing sector.
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"Algerian Desert Blend" topped the list of Arab crude oil prices in April 2026, according to the monthly report from the Organization of the Petroleum Exporting Countries (OPEC), with a price of $133.4 per barrel, marking the highest level among the basket of Arab crudes. According to the OPEC monthly report data, this performance comes amid varying prices of Arab crudes during the same period, with Libyan Seder crude ranking second at $125.75 per barrel. Read the full content on Echourouk Online.
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Global energy markets are experiencing a dramatic turn reminiscent of the Gulf War of 1990; Saudi Arabia recorded a sharp decline in its oil production to 6.316 million barrels per day in April. This drop, the lowest in over three decades, is not just a passing number but an indicator of a geopolitical earthquake hitting the core of the global economy.
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A statement issued by the White House today, Thursday, regarding the summit between U.S. President Donald Trump and his Chinese counterpart Xi Jinping, indicated that the latter expressed interest in purchasing more American oil to reduce Beijing's reliance on oil imported through the Strait of Hormuz. There was no mention of oil purchases in any of the Chinese summaries of the meeting published by official media.
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The Minister of Postal and Telecommunications, Sid Ali Zerouki, has issued instructions for the development project of the 'G5 LTE' fixed internet network to be operational by the beginning of 2027 at the latest, according to a statement from the ministry.
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Last night, Wednesday, at 8 PM, the ship 'JERSEY' docked at berth number 3 at Djendjen Port in Jijel, arriving from Romania, loaded with 11,500 heads of sheep, as part of the program of President Abdelmadjid Tebboune aimed at importing one million heads of sheep in preparation for the Eid al-Adha 2026. According to a statement from the port authority, Djendjen Port has begun, in coordination with various relevant services, the operations to receive the shipment under organized conditions, where all material, human, and logistical resources have been mobilized to ensure a quick and smooth unloading process.
echoroukonline.com
Oil prices rose slightly today, Thursday, as investors await the results of the meeting between U.S. President Donald Trump and Chinese President Xi Jinping, while traders focus on the Iran war crisis.
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Algeria recorded total oil revenues of 233 billion dollars during the decade from 2016 to 2025, reflecting a continuity of returns at significant levels, while maintaining important financial flows despite fluctuations in global energy markets. According to historical monitoring conducted by the Energy Research Unit based on data from OPEC, Algeria recorded revenues of 32.5 billion dollars in 2022, 26.1 billion dollars in 2023, and 25.8 billion dollars in 2024, before stabilizing at 22.4 billion dollars in 2025, reflecting the continuity of revenue flows within relatively stable ranges in rece...
echoroukonline.com
The director of the Blida Tax Center, Tawfiq Ziyoush, confirmed that the process of receiving citizens concerned with the tax debt erasure is proceeding well.
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