20 Hrs
Source:
الجمهورية
Industry Minister announces 2027 budget to Finance Committee
Minister of Industry Farid Kourtel presented the sector’s draft budget for 2027 to the Parliament’s Finance Committee. The ministry’s budget was approximately 7.13 billion Algerian Dinars in commitment allowances and 40.53 billion Dinars in payment credits. The budget focused on continuing industrial development efforts, with over 96% of the allocations dedicated to investment. It also allocated expenditures toward improvements in quality support, innovation, and small and medium-sized enterprises, while maintaining fiscal sustainability and reducing new operations to less than 1%.
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