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Abdelkrim Bouzred insists on rationalization and structural reforms
Presentation of the Finance bill (PLF 2026) to the APN
The Minister of Finance, Abdelkrim Bouzred, insisted yesterday at the National People’s Assembly (APN) on the continuation of efforts aimed at rationalizing public spending and improving the quality of state services, while consolidating budgetary sustainability in the medium term. Affirming that this orientation is part of a strategy of structural reforms, aimed at strengthening the financial resilience of the country and perpetuating macroeconomic stability, by focusing on the performance of the sectors non-energy.
Presenting the Finance Bill (PLF) for the 2026 financial year, during a plenary session chaired by Brahim Boughali, the minister stressed that the bill is part of a national context characterized by a gradual recovery of the economy, supported by the Government’s efforts in different sectors.
Highlighting the State’s ongoing efforts in the area of investment promotion, economic diversification, the relaunch of major structuring projects and the development of exports. The PLF 2026, he indicated, provides for an overall volume of expenditure of 17,636 billion dinars, an increase of almost 10,000 billion compared to the previous year (16,794 billion dinars).
“Over the period 2026-2028, state expenditure should reach 18,499 billion dinars, while budgetary revenues would increase from 8,009 billion to 8,412 billion dinars, an average annual increase of 6.6%, supported by the expected improvement in oil revenues,” he said.
Noting that the budgetary expenditure forecasts in the bill amount to 7.17636 billion dinars in 2026. Revenue should, for their part, reach 8.009 billion dinars.
The expected economic growth rate for next year should be 4.1%, driven by the diversification of the national economy and the rise in power of non-hydrocarbon sectors, despite an anticipated slight drop in hydrocarbon exports, and should then increase to 4.4% in 2027, then to 4.5% in 2028, according to the bill which took into account the evolution of the national and international economic situation, in particular the results expected in the non-hydrocarbon sectors.
“More than 4,000 billion DA will be devoted to public investment, with clear priorities,” he continued, citing the relaunch of major infrastructure projects, hydraulic and agricultural development, as well as the promotion of housing and productive employment. Reaffirming the Government’s desire to preserve social gains, while initiating a progressive reform of the subsidy system, in order to make it more equitable and better targeted, the minister noted that the payroll planned for 2026 will reach 5,926 billion dinars, or 33.6% of the overall budget.
“Social transfers, estimated at 5,959 billion dinars, will continue to represent a major lever of support for purchasing power and social cohesion,” added Abdelkrim Bouzred. Noting that among these transfers are notably 420 billion dinars for unemployment benefit, 424 billion dinars for retirement pensions, and 657 billion dinars in targeted subsidies intended for consumer products.
Rabah Mokhtari