10 Hrs
Source:
الشرق الأوسط
Source: الشرق الأوسط
10 Hrsالشرق الأوسط
Source: الشرق الأوسط
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Members of Algeria’s People’s National Assembly discussed the 2027 Finance Bill amid concerns focused on the impact of fuel price increases on people’s livelihoods, the budget’s continued reliance on hydrocarbon revenues, mounting tax pressure, the limited effect of exemptions on purchasing power, and the need to improve spending and direct it toward productive investment. The Finance Committee proposed that any increase in fuel prices be subject to parliamentary approval. The finance minister, meanwhile, forecast economic growth of 4.2% and revenues exceeding 9,251.1 billion dinars, against 17,882.6 billion dinars in expenditures earmarked for actual disbursement in 2027. The minister announced that the exemption from value-added tax on certain food products would be extended until December 31, 2029, and stressed that the bill contains no tax increases.
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