Algerian President Abdelmadjid Tebboune's recent decision to exempt citizens from taxes that impact purchasing power and integrate salary increases into the 2027 finance bill has been welcomed by national organizations and associations. They see this move as a fulfillment of the president's commitments to citizens. The decision aims to alleviate financial burdens on Algerians and enhance their standard of living.

The Secretary-General of the General Union of Algerian Workers (UGTA), Amar Takdjout, praised the president's decision, stating that it reflects his genuine willingness to preserve citizens' purchasing power. Takdjout emphasized that these measures are a significant achievement and stressed the need for a solid national economy and controlled price levels to maintain the positive impact of social transfers and salary increases.

Takdjout also highlighted the importance of combating illicit speculation by establishing effective government mechanisms to regulate the national market. He noted that these concerns align with the president's orientations during his periodic meetings with the media, emphasizing the need for collective awareness of the magnitude of external economic fluctuations.

The Secretary-General of the UGTA further emphasized the importance of codifying commercial activities to promote transparency and provide economic and social identities to actors in the field. This can be achieved through adherence to chambers of commerce and professional organizations, ultimately eliminating informal activities and non-invoicing while protecting workers' gains.

Mohamed Aissaoui, President of the Algerian Consumer Defense Organization "Himayatec," also welcomed the Council of Ministers' decisions, particularly the integration of salary increases into the 2027 finance bill. Aissaoui stressed the importance of these measures in consolidating recent achievements and suggested that they be accompanied by rigorous control mechanisms to combat monopolistic practices and illicit speculation.

Economist Houari Tigharsi highlighted the significance of the president's decisions, seeing them as a concrete implementation of his commitments. Tigharsi noted that protecting Algerian citizens' purchasing power is not merely a conjunctural measure but a core aspect of the state's public policies.

The measures implemented by President Tebboune aim to improve the living standards of Algerian citizens, and various stakeholders have welcomed these decisions. The government's efforts to regulate the market, combat speculation, and promote transparency are expected to contribute to the stability of prices and the preservation of the positive impact of salary increases.

Key points

  • President Abdelmadjid Tebboune's measures aim to boost Algerian citizens' purchasing power by increasing salaries and exempting taxes.
  • The decisions have been welcomed by national organizations and associations, which see them as a fulfillment of the president's commitments to citizens.
  • The measures are expected to contribute to the stability of prices and the preservation of the positive impact of salary increases.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.