Economic Policy

Government economic decisions, reforms, budgets, and fiscal policy

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Economic Policy
Report: Algeria Among the Top 6 African Countries in the Prosperity Index for 2026

Report: Algeria Among the Top 6 African Countries in the Prosperity Index for 2026

Algeria ranked sixth in Africa and 83rd globally in the Legatum Prosperity Index for 2026, which measures prosperity levels in 161 countries worldwide, based on a comprehensive methodology that goes beyond traditional economic indicators to include development, freedom, and social cohesion. The index in its new version adopted a mathematical methodology known as 'p-averaging', which does not allow strengths in one area to compensate for weaknesses in other areas, thus providing a more balanced and comprehensive assessment of prosperity levels. View the full content on Echourouk Online.

Aug 1, 2026echoroukonline.com
Energy & Hydrocarbons
Reuters: SONATRACH Raises LPG Prices for August

Reuters: SONATRACH Raises LPG Prices for August

SONATRACH has raised the official selling prices of liquefied petroleum gas for August by between 19 and 23 percent, amid rising prices driven by increased demand in global markets, according to Reuters citing traders. The agency reported that SONATRACH raised the official selling price of propane by $100 per ton to reach $540 per ton, and raised the price of butane by $90 per ton to reach $570 per ton. Read the full content on Echourouk Online.

Aug 1, 2026echoroukonline.com
Regulatory & Legal
Algiers: New Measures to Enhance the Quality of Public Service for Drinking Water Distribution

Algiers: New Measures to Enhance the Quality of Public Service for Drinking Water Distribution

The Minister of Water Resources, Lounes Bouzegza, along with the Minister and Governor of Algiers, Abdel Nour Rabhi, chaired a working meeting this Saturday to assess the situation of the sector in the capital. During the meeting, they agreed to take new measures to enhance the quality of public service for drinking water distribution. According to a statement from the ministry, these measures particularly include accelerating the implementation of the important program registered at the level of the Algiers Water Directorate, constructing major storage facilities to ensure optimal control over water distribution and continuity of public service, especially in the event of malfunctions at production facilities.

Aug 1, 2026radioalgerie.dz
Energy & Hydrocarbons
Oil prices rise by more than 1 percent, recording their strongest monthly performance since March

Oil prices rise by more than 1 percent, recording their strongest monthly performance since March

Oil prices rose by more than one percent at settlement yesterday, marking the largest monthly increase since March. Brent crude futures increased by $1.09, or 1.2 percent, to $90.12 per barrel. Meanwhile, West Texas Intermediate crude futures rose by $1.08 or 1.3 percent, to $84.67 per barrel. Brent recorded gains of 24 percent in July, while West Texas Intermediate gained 21 percent.

Aug 1, 2026radioalgerie.dz
Manufacturing & Industry
The government accelerates the return of the automotive industry and opens closed units

The government accelerates the return of the automotive industry and opens closed units

The factories of 'Kia', 'Hyundai', 'Sofac', and 'Suzuki' are on the list for reviving local subcontracting, laying the foundation for a true Algerian automotive industry. Prime Minister Aïmene Benabderrahmane will oversee the revival of the brake pads production plant (formerly Tahkout) in El Harrach, east of the capital, which was recovered as part of anti-corruption efforts. This step reflects the acceleration of the government's strategy to revive the recovered industrial fabric and transform factories that have been idle for years into productive units that contribute to building a comprehensive automotive industry, based on subcontracting, increasing the local integration rate, and reducing the import bill. The brake pads factory in El Harrach is one of the most prominent industrial projects that halted after the involvement of its previous owners in corruption cases.

Jul 31, 2026echoroukonline.com
Investment & FDI
Moulay discusses with the Chargé d'Affaires of the American Embassy the establishment of sustainable economic partnerships

Moulay discusses with the Chargé d'Affaires of the American Embassy the establishment of sustainable economic partnerships

The President of the Algerian Economic Renewal Council, Kamal Moulay, discussed with the Chargé d'Affaires of the United States Embassy in Algeria, Mark Shapiro, ways to establish strong and sustainable economic partnerships between economic institutions in both countries, within the framework of enhancing bilateral cooperation and supporting investment opportunities. The Algerian Economic Renewal Council clarified in a statement that the meeting addressed the prospects for developing cooperation between Algerian and American economic institutions, opening the door for sustainable partnerships that enhance economic exchanges and support common interests. Read the full content on Echourouk Online.

Jul 31, 2026echoroukonline.com
Sustainability & Green Economy
Bouzegza follows up on the progress of studies related to major strategic water transfer projects

Bouzegza follows up on the progress of studies related to major strategic water transfer projects

The Minister of Water Resources, Lounes Bouzegza, monitored the progress of studies related to the major strategic water transfer projects 'South-South' and 'South-High Plateaus', emphasizing the need to complete the technical and administrative procedures in preparation for the implementation of these projects, according to a statement from the ministry.

Jul 31, 2026radioalgerie.dz
Diaspora & International
Moulay meets the Chargé d'Affaires at the American Embassy

Moulay meets the Chargé d'Affaires at the American Embassy

The President of the Algerian Economic Renewal Council, Kamal Moulay, met today, Thursday, in Algiers, with the Chargé d'Affaires of the United States Embassy in Algeria, Mark Shapiro, as part of following up on the outcomes of the Council's participation in the investment summit 'Select USA', held last May in Maryland, USA.

Jul 30, 2026echaab.dz
Agriculture & Agribusiness
The Prime Minister chairs a meeting with the governors to assess the progress of the harvest and study season

The Prime Minister chairs a meeting with the governors to assess the progress of the harvest and study season

Algeria - In implementation of the instructions of the President of the Republic, Mr. Abdelmadjid Tebboune, the Prime Minister, Mr. Saïfi Ghrib, chaired today, Thursday, a meeting via videoconference with the governors, dedicated to assessing the progress of the harvest and study season for the current season, according to a statement from the Prime Minister's services.

Jul 30, 2026aps.dz