Algeria’s Council of Ministers Adopts 2026 Finance Bill
The Algerian Council of Ministers, chaired by President Abdelmadjid Tebboune, convened on Sunday and approved the 2026 Finance Bill. The meeting’s communiqué emphasized that the bill was shaped by the President’s specific directives, signaling a focus on citizen welfare and economic modernization within the context of Algeria’s broader development.
Key Priorities Outlined in the Finance Bill
President Tebboune’s guidance for the 2026 Finance Bill centers on protecting the purchasing power of Algerian citizens. He explicitly directed that the bill should avoid any measures that would negatively impact their financial situations. Moreover, the President stressed the need for a comprehensive modernization plan for the National Statistics Office (ONS). This plan includes structural and technical upgrades to improve data collection and analysis capabilities. A key element of this modernization involves establishing ONS branches across all provinces (wilayas) and municipalities. The goal is to create a robust statistical understanding of Algeria’s diverse regions and inform policy decisions based on ground-level realities. Furthermore, the Finance Bill prioritizes efforts to establish a more effective tax base, reducing tax evasion and promoting fairer tax practices. This focus on a more efficient tax system aims to improve revenue collection and enhance financial stability. In an African context, such reforms can strengthen a nation’s ability to fund technological advancements, infrastructural developments, and improve various public services.
Conclusion
The approved 2026 Finance Bill reflects a government commitment to safeguarding citizens’ economic wellbeing while also advancing economic development through a focus on improved statistical data and a fairer tax system. The emphasis on modernizing the ONS, alongside the other key goals, demonstrates the government’s focus on enhancing transparency and efficiency in managing national finances.
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