The Finance and Budget Committee of the National People's Assembly proposed amendments to over 25 articles in the 2027 Finance Bill. These revisions to the draft legislation were presented on 31 October. Among the changes, the committee modified Article 218 to require parliamentary approval for any future changes to fuel prices. This legislative requirement mandates that the government seek formal authorization from the National People's Assembly before adjusting costs for consumers. Lawmakers introduced these adjustments to increase oversight of energy pricing policies within the national budget framework. The committee submitted these proposals for further review as the assembly continues its deliberation on the wider financial package for the upcoming year.
New Rules for Vehicle Imports
Article 169 bis 1 of the 2027 Finance Bill introduces a new valuation method for seized vehicles bearing foreign license plates. These automobiles must undergo an assessment by a certified expert to determine their actual condition. This valuation replaces the previous reliance on World Customs Organization standards.
The proposal also addresses the relocation of citizens back to Algeria. Individuals who have maintained continuous residence abroad for three years and are returning permanently now receive an exemption from duties on imported professional equipment. The Algerian Agency for Investment Promotion will manage the implementation of these import provisions for expatriates. These changes form part of the broader legislative adjustments currently under consideration by the National People's Assembly to regulate the domestic market and support returning nationals.
Adjustments to Commercial Regulations
The Finance and Budget Committee introduced changes to the regulatory requirements for tobacco distribution companies. These companies must now maintain a minimum capital of 50 million dinars, an increase from the previous requirement of 20 million dinars.
Lawmakers also proposed a new annual fee for advertising signs located on public highways and national roads. This levy is set at 10,000 dinars per square meter. The assembly aims to generate additional revenue from commercial infrastructure through this fiscal adjustment.
Regarding property regulations, the National People's Assembly extended the deadline for building compliance and completion under Law 08-15. Property owners now have until 31 December 2027 to ensure their structures meet the established legal standards. This extension provides a longer window for individuals to finalize the necessary documentation for their real estate assets.
