Industry Minister submits 2027 budget to Finance Committee
The Minister of Industry, Farid Kourtel, discussed the sector's budget for 2027 before the Finance Committee of the People's National Assembly. The budget amounted to approximately 7.13 billion DZD in commitment allowances and 40.53 billion DZD in payment credits. He confirmed that the budget was prepared under circumstances requiring a balance between ongoing recovery efforts, diversification, and industrial integration, while maintaining the sustainability of public finances. He emphasized that more than 96% of the credits are allocated to investment expenses, with a focus on current operations and the enhancement of quality, innovation, and small and medium-sized enterprises.
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