2027 Finance Bill: Parliament Seeks Oversight on Fuel Prices

A proposed amendment to article 218 of the 2027 Finance Bill aims to mandate prior parliamentary approval for any increase in gasoline and diesel prices in Algeria. The Finance Committee seeks to formalize this process to ensure that any adjustments to pump prices undergo parliamentary debate, rather than being revised solely at the executive's discretion. As plenary sessions for the bill begin on November 2, 2026, Energy Minister Mohamed Arkab has clarified that no immediate price hikes are planned. The government maintains that the current provision is intended to manage production costs and ensure financial sustainability in the refining sector, as the state continues to subsidize the difference between real costs and consumer prices.