Economic Policy

Government economic decisions, reforms, budgets, and fiscal policy

Showing 5,113–5,124 of 8,014 articles
Crude oil prices exceed $100 per barrel

Crude oil prices exceed $100 per barrel

Crude oil prices have surpassed the $100 per barrel mark for the first time in over three and a half years. The price of Brent crude reached $101.19 shortly after trading resumed on the Chicago Mercantile Exchange, up 9.2 percent from last Friday's closing price of $92.69. West Texas Intermediate crude was sold at $107.06 per barrel, a 16.2 percent increase from last Friday's closing price of $90.90.

Mar 9, 2026radioalgerie.dz
How Algeria Benefits from the Middle East War and the Closure of the Strait of Hormuz

How Algeria Benefits from the Middle East War and the Closure of the Strait of Hormuz

An 18% increase in oil revenues and a 3% rise in gross domestic product. The crisis will accelerate the trans-Saharan gas pipeline, with operations expected to start in 2029. The success of diversifying Europe's supplies depends on African gas lines. The African Petroleum Producers Organization (APPO) outlined the aspects from which Algeria and several African countries can benefit due to the ongoing war in the Middle East and the closure of the Strait of Hormuz, one of the most important fossil energy corridors in the world, where an increase in Algeria's oil revenues by about 18% and a rise in gross domestic product by three percentage points are expected, in addition to accelerating the implementation of the trans-Saharan gas pipeline project between Algeria and Nigeria via Niger due to the current crisis.

Mar 8, 2026echoroukonline.com
Orders to Activate Proactive Vigilance to Combat Locusts

Orders to Activate Proactive Vigilance to Combat Locusts

The President of the Republic, Mr. Abdelmadjid Tebboune, during a Council of Ministers meeting he chaired today, Sunday, ordered the doubling of resources allocated to combat the spread of locusts, with strict activation of proactive vigilance cells. Following a presentation on the status of the locust control operation, 'the President ordered the doubling of resources to combat the phenomenon of locust swarms threatening agricultural crops in the far south.' The President also ordered...

Mar 8, 2026echaab.dz
This is what Algeria will provide in 'burnt gas' thanks to solar stations

This is what Algeria will provide in 'burnt gas' thanks to solar stations

We were able to provide 3 billion cubic meters of gas if the program was implemented quickly. It is expected to provide 8 billion cubic meters upon the receipt of the national renewable energy program. The ongoing war in the Middle East and its repercussions on the global energy market have made it imperative to accelerate the national renewable energy program, which targets 15,000 megawatts of electricity produced, especially from photovoltaic solar stations by 2035. This will allow Algeria, during similar crises, to provide significant quantities of gas that would have been burned and sold in international markets for hard currency at very high prices. As is known, the national renewable energy program was effectively launched in 2023 through the projects of 'S...

Mar 8, 2026echoroukonline.com