2027 Finance Bill: Strengthening state revenue while protecting citizens' purchasing power

Minister of Finance, Laaziz Faid, addressed the National People's Assembly regarding the 2027 Finance Bill, emphasizing that the state aims to increase revenues through improved tax collection and integrating funds from the parallel market. He explicitly stated that there will be no tax hikes that could undermine the purchasing power of citizens. The Minister confirmed the state's social commitment by continuing subsidies for essential goods and implementing digital monitoring to combat speculation. He noted that the project focuses on economic growth in sectors like mining, agriculture, and industry. Faid highlighted that 99% of Algeria's public debt is domestic, ensuring economic sovereignty. Funding strategies include using internal debt, the revenue regulation fund, and sovereign sukuks, while avoiding external financing. Additionally, significant funding was allocated to the eleven new wilayas for vital infrastructure projects.