Parliamentary Finance Committee seeks oversight on fuel price adjustments

The Finance and Budget Committee of the National People's Assembly has proposed 26 amendments to the 2027 draft finance bill. A key proposal mandates parliamentary approval for any changes to fuel prices to enhance transparency and safeguard citizens' purchasing power while maintaining supply stability. Other measures include granting tax and customs incentives to Algerians living abroad who wish to return home permanently, and extending the deadline for the regularization of buildings until the end of 2027. The committee also emphasized the importance of economic diversification, improving non-oil tax collection, and maintaining sound public financial balances.