Analysis by Region - Africa - Algeria
Description
Algeria’s most recent Article IV Consultation report from the IMF, and our near-term economic outlook for the country, remain broadly optimistic. However, the draft Finance Bill for 2026 paints a bleaker picture, especially concerning fiscal finances. Algeria continues to prioritise military spending over fiscal consolidation and, perhaps even more concerning, over economic diversification and economic prosperity. The budget for next year indicates that the fiscal deficit is likely to remain in the double digits over the medium term. Previously, the country could rely on the Revenue Regulation Fund (RRF) to finance the fiscal deficit, but the fund was depleted in 2024. As a result, Algeria is about to offer its first-ever sukuk bond.
Table of Contents
7 Pages
- Algeria: Fiscal finances spiralling out of control
- Forecast overview
- Recent developments
- Short-term outlook
- Key drivers of our short-term forecast
- Economic risk
- Economic risk evaluation
- Long-term prospects
- Alternative long-run scenarios
- Background
- Economic development
- Structure of the economy
- Balance of payments
- Policy and politics
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.

