Algeria's 2027 budget extends tax benefits on common products
By the AFREEQUE newsroom, based on Le Quotidien d'Oran
Algeria's 2027 finance bill provides for VAT exemptions and customs duty reductions on several common products to be extended until 31 December 2029. The National People's Assembly began its consideration on 2 November, ahead of a vote scheduled for 16 November, according to Le Quotidien d'Oran.
Algeria's 2027 finance bill provides for the continuation until 31 December 2029 of VAT exemptions and customs duty reductions on several common food products, including pulses, fresh fruit and vegetables, eggs, broiler chickens, turkeys and raw soybean oil, according to Le Quotidien d'Oran.
The bill also provides for gas and electricity tariffs to be maintained in 2027, Energy and Renewable Energy Minister Mourad Adjal said before a committee of the National People's Assembly (APN). It also provides for 125,675 new positions, including 82,948 new budgeted posts, particularly in education and healthcare.
The government representative will present the bill in a plenary session on 2 November, followed by three days of general debate. The parliamentary group leaders will speak on 5 November and deputies are due to vote on 16 November at 9am, according to Le Quotidien d'Oran.
Consideration of the bill follows the announcement that parliamentary debates would open on 2 November.
