Government economic decisions, reforms, budgets, and fiscal policy
Algeria - The Minister of Public Works and Infrastructure, Abdelkader Djellali, presided today, Tuesday, in Algiers, over the establishment of a multidisciplinary committee tasked with evaluating the implementation of the road and highway master plan.
aps.dzAlgeria - The Governor of the Bank of Algeria, Mohamed Lamine Labou, announced today, Tuesday in Algiers, the issuance of a new directive for banks within a week regarding the application of 'Know Your Customer' (KYC) standards, as part of an effort to adapt the national banking system to the transformations occurring in financing methods.
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The Bank of Algeria imposes a ceiling of 50 percent... and immediate application without any transitional period. The aim is to enhance financial discipline and reduce the risks of off-balance-sheet commitments. The Bank of Algeria has imposed a new maximum limit for external commitments of banks, not exceeding 50 percent of their own funds, to be implemented starting May 1, 2026, requiring banks to apply it immediately without any transitional period. In this context, the Bank of Algeria issued a new instruction regarding the determination of the level of external commitments of banks and financial institutions, according to instruction No. 03-26 dated April 26, 2026, amending instruction No. 02-2015 dated July 22, 2015, signed by the Governor of the Bank of Algeria.
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DZD economy aliqtissad dz Algeria economy news
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The tax authorities have ordered the termination of the tax exemption system established during the 'Corona' pandemic, in a move that reflects a return to the normal tax system after the exceptional health situation has passed, which may have direct impacts on the costs of importing and marketing pharmaceutical products and medical supplies. According to a signed directive bearing the number 23/2026 issued by the Tax Directorate on April 14, 2026, which 'Echorouk' has reviewed, the provisions of Article 36 of the supplementary finance law for the year 2020, amended and supplemented, have been canceled under Article 106 of the finance law for the year 2026, which were provisions that granted a temporary exemption from value-added tax and customs duties for the benefit of...
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The Minister of State, Minister of Hydrocarbons, Mohamed Arkab, received the special envoy for energy security and raw materials from the Belgian Ministry of Foreign Affairs, Geert Moil, accompanied by a delegation.
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DZD economy aliqtissad dz Algeria economy news
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The Minister of Foreign Trade and Export Promotion, Kamal Rzeig, received Igor Levitin, the Russian presidential advisor for international transport cooperation, and his accompanying delegation during a working visit to Algeria today at the ministry's headquarters. The meeting provided an opportunity to review the current state and prospects of economic and trade cooperation between Algeria and Russia, where both parties emphasized the importance of strengthening the bilateral partnership.
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The Minister of State, Minister of Hydrocarbons, Mohamed Arkab, confirmed today, Tuesday in Algiers, Algeria's commitment to fulfilling its international energy obligations. The minister pointed out that the country has significant structural components that allow it to strengthen its position as a reliable partner in the long term on the international stage. Arkab made this statement during a high-level meeting titled: 'Energy and Mines: How Algeria works…'
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The Minister of State, Minister of Energy, Mohamed Arkab, confirmed today, Tuesday in Algiers, Algeria's commitment to fulfilling its international energy obligations. The minister pointed out that the country has significant structural components that allow it to enhance its position as a reliable partner in the long term on the international stage. Arkab made this statement during a high-level meeting titled: 'Energy and Mines: How Algeria works…'
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DZD economy aliqtissad dz Algeria economy news
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The economy of Algeria news
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