Journan — Accueil

2027 Finance Bill: Industry Ministry prioritizes completion of ongoing projects

Industry Minister Farid Kourtel presented his sector's 2027 budget to the National People's Assembly's finance committee. The draft budget sets payment credits at 40.54 billion DZD, a 13.9% reduction from 2026, with commitment authorizations totaling 7.14 billion DZD. The ministry’s core objective is to finalize ongoing initiatives, allocating 96.4% of investment spending to current operations. Strategic priorities focus on industrial land management, quality standards, innovation, and support for SMEs, including new tax and customs exemptions for industrial subcontracting to enhance local competitiveness.