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In his presentation to the committee members, during a session chaired by Mohammed Hadi Arbaoui, chairman of the committee, in the presence of the Minister of Relations with Parliament, Basma Azouar, Faid highlighted the “particular” context in which this bill was presented.

He pointed out that 2024 represents a crucial year marked by the presidential election, with the completion of the first presidential term and the beginning of the second term of the President of the Republic, Abdelmadjid Tebboune.

He said that this bill marks the end of a period defined by significant budget challenges, especially those related to managing the Covid-19 pandemic and implementing key commitments under the President of the Republic's catch-up program.

In this respect, the Finance Minister noted the improvement of citizens' purchasing power through the exemption from global income tax (IRG), the revision of the guaranteed national minimum wage (SNMG), the increase in the index point, the lifting of the freeze on promotions in public service, the introduction of unemployment benefits, the revision of retirement pensions, the lifting of the freeze on investment projects suspended since 2014, the mobilization of necessary financial resources for setting up ten new provinces in the South, along with generating over 347,593 public service jobs during the 2020-2024 period.

The minister also noted the ongoing implementation of major public investment projects, highlighting the efforts made through the progression of budgetary expenditures from DZD7,820 billion in 2020 to DZD15,275 billion in 2024.

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