Economy

Algeria adopts strict tax evasion measures in PLF 2026 to recover billions lost to the informal economy.

Private banks in Algeria remain stagnant, opening only one branch in 2024 while cash outside banks continues to soar.

Algeria’s economy grew 3.6% in 2024, led by non-hydrocarbon sectors, despite falling oil revenues and widening deficits.

CAP welcomes Russian delegation in Algiers to discuss cooperation and participation in Moscow’s “Made in Russia” trade fair.

Algeria accelerates plans to open a cement export port, boosting trade competitiveness and supporting economic diversification.

Tebboune urges Africa to avoid global marginalization, pledging Algeria’s role in building a stronger continent.

Bank of Algeria cuts rates and reserves as inflation falls, fueling record non-hydrocarbon growth.

Algeria awards five energy licenses in major bid round to boost oil and gas sector.