Economic Policy

Government economic decisions, reforms, budgets, and fiscal policy

Showing 349–360 of 6,625 articles
Banking & Finance
E-bourse

Bank of Algeria: interest rate ceiling reduced to 5% starting June 29, 2026

A stricter framework for interest rates on loans starting June 29. The Bank of Algeria has tightened the regulation of interest rates applied by banks and financial institutions. Through instruction n°06-2026 of June 29, 2026, amending instruction n°08-2016 regarding the conditions for setting excessive rates, the monetary institution halves the allowed tolerance margin for classifying a loan as 'excessive interest rate'. According to the new provisions, a loan will now be considered granted at an excessive interest rate when its rate...

Jul 1, 2026ebourse.dz
Banking & Finance
Benefits of consumer loans, housing, and leasing during the second half of 2026

Benefits of consumer loans, housing, and leasing during the second half of 2026

The Bank of Algeria issued a new memorandum regarding the determination of ceilings for excessive interest rates applied during the second half of 2026, as part of the implementation of the provisions of Instruction No. 06-2026 amending Instruction No. 08-2016 concerning the methods for determining excessive interest rates, aimed at enhancing the protection of borrowers and ensuring that banks and financial institutions do not exceed the permissible limits when granting loans. The bank clarified, in Memorandum No. 01-2026 issued by the General Directorate of Credit and Banking Regulation, which was reviewed by 'Echorouk', that these ceilings were determined based on the averages of the actual total interest rates reported by banks and financial institutions during the first half of 2026.

Jul 1, 2026echoroukonline.com
Technology & Digital
Push to Strengthen Cooperation and Partnership in Digital Transformation between Algeria and Estonia - Iqtissad Al Balad

Push to Strengthen Cooperation and Partnership in Digital Transformation between Algeria and Estonia - Iqtissad Al Balad

The Minister, High Commissioner for Digitalization, Mariem Ben Mouloud, met at the headquarters of the commission with Hansi Estok, the Director General of the Estonian Digital Government Academy, accompanied by representatives of the European Union mission in Algeria, as part of the implementation of the Economic Governance Support Program between Algeria and the European Union, and to strengthen cooperation and partnership in the field of digital transformation.

Jul 1, 2026iqtissadalbalad.dz
Energy & Hydrocarbons
Naftal Reveals Work Schedule for Its Stations from July 2 to 5

Naftal Reveals Work Schedule for Its Stations from July 2 to 5

Naftal announced that its services will continue normally during the period from July 2 to 5, coinciding with the legislative elections and the celebrations marking the 64th anniversary of Independence Day. The company confirmed in a statement today, Wednesday, that all its stations and sales points will continue their activities according to the 24-hour duty system, as is customary throughout the year, to ensure a regular and continuous supply of various petroleum products across the national territory.

Jul 1, 2026echoroukonline.com
Sustainability & Green Economy
Germany bets on Algeria as a gateway for investment in renewable energies - Iqtissad Al Balad

Germany bets on Algeria as a gateway for investment in renewable energies - Iqtissad Al Balad

The Director General of the Algerian Agency for Investment Promotion, Omar Rakach, received on Tuesday in Algiers a delegation from the German Agency for International Cooperation 'GIZ', headed by Christian Zeitlinger, during which ways to improve the investment climate and prospects for developing projects related to renewable energies were discussed, according to a statement from the agency.

Jul 1, 2026iqtissadalbalad.dz
Banking & Finance
Insurance: The market is nearly stable at 57.3 billion DZD during Q1 of 2026, supported by car insurance

Insurance: The market is nearly stable at 57.3 billion DZD during Q1 of 2026, supported by car insurance

The national insurance market achieved a turnover of 57.3 billion DZD during the first quarter of 2026, which is nearly stable compared to the same period in 2025 (+0.2 percent), despite the strong performance of car insurance, takaful insurance, and international reinsurance activities, according to a situational note from the National Insurance Council. Damage insurance companies remain the main driver of the sector with an 80.2 percent share of total production, recording a decline of 1.4 percent for nearly 2.5 million contracts signed.

Jul 1, 2026radioalgerie.dz