On Sunday, October 4, 2026, President Abdel Majid Tebboune chaired a meeting of the Council of Ministers, where he discussed the 2027 finance bill and several other key projects. The meeting covered a range of topics, including the 2027 finance bill, a financing agreement with the African Development Bank for a railway project, and a project to build a new station on the Aghouat-Ghardaia-Minea-In Salah-Tamanghest railway line.
According to a statement from the Presidency, President Tebboune ordered the inclusion of wage increases in the 2027 finance bill, as he had previously committed to doing so. He also instructed that no taxes be introduced that would affect citizens' purchasing power, particularly for the middle class and those with limited incomes. This decision was made to ensure that the government's measures prioritize the well-being of citizens.
The 2027 finance bill aims to balance social support and economic growth, in line with the President's directives to diversify the national economy and finance major projects. The bill prioritizes support for productive investment and the implementation of structuring projects, with a focus on initiatives that will have a significant impact on economic and social development.
President Tebboune had previously reaffirmed his commitment to increasing wages in 2027, stating that the increases would be implemented within the next year's budget. He emphasized that the increases would be rolled out in one or two phases, depending on the circumstances. The government had discussed the 2027 finance bill during a meeting on September 30, 2026, outlining its approach to supporting social development and promoting economic growth.
The 2027 finance bill also focuses on improving the investment climate and supporting economic operators, particularly with the introduction of a one-stop shop for investment. The bill aims to simplify procedures, improve the handling of investor files, and accelerate the processing of applications. Additionally, the government is working to improve the administrative and economic environment for businesses.
The bill prioritizes the continuation of social support programs, including measures to protect purchasing power and address social needs. Key sectors, such as education, health, housing, and infrastructure, will continue to receive priority attention. The government aims to enhance the national infrastructure and improve regional planning, while reducing logistics costs and supporting economic activity.
The Council of Ministers also approved the 2027 finance bill, which is expected to play a crucial role in driving economic growth and social development in Algeria. The bill's implementation will be closely monitored to ensure that it achieves its objectives and benefits citizens.
Key points
- Algerian President Abdel Majid Tebboune has ordered a new wage increase to be included in the 2027 finance bill.
- The 2027 finance bill prioritizes social support and economic growth, with a focus on protecting purchasing power and promoting investment.
- The government has ruled out introducing taxes that would impact citizens' purchasing power, particularly for essential goods.
