2027 Finance Bill: Fuel Pricing and Wealth Tax to Face Parliamentary Vote

The Finance and Budget Committee of the People's National Assembly has concluded the supplementary report for the 2027 Finance Bill ahead of Monday's plenary session. The committee finalized its stance on five amendments, including Article 218 regarding fuel prices, where members will decide whether to maintain the current proposal or scrap the article entirely. Furthermore, the committee rejected a proposal to increase the wealth tax from 1% to 2%, citing potential risks of increased tax evasion. Regarding the passport renewal fees for the Algerian diaspora, the committee rejected an amendment to cancel the 500 DZD surcharge, citing constitutional provisions that prohibit amendments reducing public revenue. The voting process will adhere to internal assembly regulations, granting priority to the committee’s proposed amendments.