Finance law 2027 in Algeria: what the finance committee heard at the start of its review

The presentation heard by the Committee

The Finance and Budget Committee began examining the draft finance law for 2027. It heard a presentation on the economic and budgetary framework and on the outlook for growth and public finances for 2027-2029. The Director General for forecasting and policies at the Ministry of Finance gave the presentation.

Indicators presented

The forecasts assume growth of 4.2 %. They rest on a fiscal reference oil price of 60 dollars a barrel and a target inflation rate of 4 %.

• Average annual non-hydrocarbon growth: 5.9 % for industry, 5.3 % for construction, 5 % for services, 4.6 % for agriculture
• Budget revenues: from 9,251.1 billion dinars in 2027 to 10,010.6 billion in 2029
• Estimated spending: 17,882.6 billion dinars in 2027, 19,008.5 billion in 2028, 18,978.2 billion in 2029

Public resources and deputies' questions

The presentation covered developing non-hydrocarbon revenue, modernising the tax administration, improving collection, widening the tax base, fighting tax evasion and fraud, and speeding up digitisation.

Deputies raised questions on purchasing power, digitisation, tax evasion, investment attractiveness, financing the deficit, non-hydrocarbon exports, the wealth tax (ISF) threshold and the rationalisation of public spending.