✍️ BY: Dr. Hana Saada
Algiers – December 2025 – The Council of the Nation adopted Algeria’s 2026 Finance Law by an overwhelming majority on Thursday, cementing a legislative framework that seeks to operationalize expansive public investments, accelerate national development projects, and consolidate macroeconomic stability. The session, chaired by Council Speaker Azouz Nasri and attended by the Minister of Finance and several cabinet members, marked a decisive parliamentary endorsement of the government’s economic priorities.
Out of 146 participating members, 143 senators voted in favor, with only three opposing, reflecting the broad institutional consensus backing the law. Addressing the assembly, Minister of Finance Abdelkrim Bouzerd commended the level of technical and constructive debate surrounding the bill, reiterating the government’s “full commitment, across all relevant services nationwide, to implementing every measure stipulated in this law,” with a particular focus on measures directly impacting citizens.
Bouzerd cited infrastructure and investments executed during the previous fiscal year as evidence of this governance path, stressing that “the government and all its components are called upon to institutionalize efficiency in public service and achieve the objectives set.” He insisted that the Finance Law “is not the property of the Ministry of Finance, but of all Algerians,” framing it as a collective economic responsibility.
In his address, Council Speaker Azouz Nasri argued that the 2026 Finance Law — which allocates a record budgetary expenditure of 17.636.7 trillion dinars (approximately 135 billion USD) — aligns with the continuum of development policies launched by President Abdelmadjid Tebboune since assuming office in 2019. This expenditure, he stated, reflects the public authorities’ determination “to achieve inclusive and sustainable development through large-scale structural projects of national importance, backed by substantial resources.”
Nasri enumerated major public ventures already underway, including housing programs, the exploitation of the Gara-Djebilet mining site, the Tindouf–Béchar mining railway, the linkage between Annaba’s port and the Djebel Onk industrial zone in Tébessa, the trans-Saharan highway, the 1,000 MW solar project, the Bellara steel complex, desalination plants, and the Sidi Abdellah science and technology city, among others. He nonetheless expressed concern over delays affecting several initiatives, warning that some projects “regrettably are not progressing at the pace desired by the President of the Republic.”
In this regard, Nasri called for strict compliance with project timelines, framing timely execution as essential to national credibility and institutional efficiency. He praised senators for their substantive contributions to the legislative debate, noting that the Finance Law constitutes a “central instrument that defines the parameters of national economic and social policy.” It acts, he explained, as a “key lever for balancing macroeconomic indicators, controlling deficits, optimizing financing mechanisms, and rationalizing public expenditure to ensure economic stability, preserve social transfers, protect purchasing power, and guarantee sustainable growth.”
The legislation also introduces governance mechanisms that condition budget execution on stringent oversight of public funds, strengthening accountability within state financial management. Before concluding, Nasri urged the Minister of Finance to consider the observations and recommendations expressed by senators, emphasizing that the complementary report issued by the Economic and Financial Affairs Committee put forward numerous proposals. These span expanding the tax base, enhancing tax recovery, promoting local development, and stimulating financial innovation, among other areas.
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