How Algiers is striking its budget to save purchasing power

2023-11-02 14:49:21

Algerian President Abdelmadjid Tebboune, in January 2023. © ALGERIAN PRESIDENCY/ANADOLU AGENCY via AFP.

Published on November 2, 2023

Lecture : 2 minutes.

Laaziz Fayed, Algerian Minister of Finance, is convinced of this, the budget of the 2024 finance law is “the most important in the history of the country, knowing that a large part East dedicated to improving the purchasing power of citizens, while that one another part is dedicated to financing projects investment”. These measures follow concerns expressed during of Council of Ministers that Abdelmadjid Tebboune led at the end of October. On this occasion, the president did not have of stops emphasizing the importance of protecting power purchase citizens while preserving financial balance of pays.