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JOURNAN — أخبار الجزائر والعالم

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2027 Finance Bill: Parliamentary debate over fuel pricing and social welfare

2027 Finance Bill: Parliamentary debate over fuel pricing and social welfare

Presenting the 2027 Finance Bill to the National People's Assembly, Finance Minister Mohamed Lamine Louhou raised the prospect of adjusting fuel prices via Article 218, while clarifying that no immediate price hikes are planned. Parliamentary discussions centered on financial stability and the need to protect citizens' purchasing power. The draft budget allocates over 4,400 billion dinars for social transfers, including subsidies for essential goods, alongside the creation of thousands of jobs in the health and education sectors. The bill also features incentives for startups and institutional investment reforms, with significant funding earmarked for structural projects like the Ghar Djebilet mine. Members of Parliament emphasized the importance of efficient public spending and addressing regional development disparities to achieve comprehensive social equity.