Algeria Emerging Markets Finance Headlines

Algeria’s 2026 budget allocates record military spending despite economic strains

Algeria’s Council of Ministers has approved the draft Finance Bill for 2026, allocating $25 billion to the army at the expense of economy diversification, infrastructure, and social services. The country has prepared a budget bill worth a record $135 billion, up from $128 billion in 2025 and $113 billion in 2024. Military spending represents 20.6% […]