Algerian president approves 2025 budget with 4.5 pct growth forecast

NAMPA / Xinhua
2024-11-24
ALGIERS, Nov. 24 (Xinhua) -- Algerian President Abdelmadjid Tebboune on Sunday signed the 2025 budget law, projecting an economic growth rate of 4.5 percent, according to a statement from the presidency. The budget is based on a reference oil price of 60 U.S. dollars per barrel for the 2025-2027 period. The government expects gross domestic product (GDP) growth to accelerate, reaching 4.5 percent in 2025-2026, compared to 4.2 percent in 2024,......
Restricted content

Latest NAMPA photos

ARANDIS, 19 November 2024 - Minister in the Presidency Christine //Hoebes, Green Hydrogen Commissioner James Mnyupe and co-founder of HyIron-Oshivela Johannes Michels pictured during a site visit to the green iron plant in Arandis. (Photo by: Isabel Bento) NAMPA

ARANDIS, 19 November 2024 - Minister in the Presidency Christine //Hoebes, Green Hydrogen Commissioner James Mnyupe and co-founder of HyIron-Oshivela Johannes Michels pictured during a site visit to the green iron plant in Arandis. (Photo by: Isabel Bento) NAMPA

NAMPA
OPUWO, 20 November 2024 - Construction of the Opuwo Namcol centre is nearing completion. (Photo by: Uakutura Kambaekua) NAMPA

OPUWO, 20 November 2024 - Construction of the Opuwo Namcol centre is nearing completion. (Photo by: Uakutura Kambaekua) NAMPA

NAMPA
NKURENKURU, 20 November 2024 - Minister of Home Affairs, Immigration, Safety and Security, Albert Kawana at the site of the home affairs building in Nkurenkuru. (Photo by: Lylie Joel) NAMPA

NKURENKURU, 20 November 2024 - Minister of Home Affairs, Immigration, Safety and Security, Albert Kawana at the site of the home affairs building in Nkurenkuru. (Photo by: Lylie Joel) NAMPA

NAMPA
ONETHINDI, 19 November 2024 - President Nangolo Mbumba speaks during a Swapo rally at Onethindi in the Oshikoto Region. (Photo by: Gabriel Tomas) NAMPA

ONETHINDI, 19 November 2024 - President Nangolo Mbumba speaks during a Swapo rally at Onethindi in the Oshikoto Region. (Photo by: Gabriel Tomas) NAMPA

NAMPA
OPUWO, 18 November 2024 - Opuwo Town Council and the Otjindjerese Traditional Authority met on Monday to chart the way forward on Opuwo's boundary expansion plans. (Photo by: Uakutura Kambaekua) NAMPA

OPUWO, 18 November 2024 - Opuwo Town Council and the Otjindjerese Traditional Authority met on Monday to chart the way forward on Opuwo's boundary expansion plans. (Photo by: Uakutura Kambaekua) NAMPA

NAMPA
OPUWO, 18 November 2024 - IRDN Executive Director John Kasaona; Bertha Amakali, Director of Information and Research at MIRCO; and Stanley Kambonde, Executive Director of Kambonde Mineral Resources, were pictured at the Dr Theo Ben Gurirab Series in Opuwo. (Photo by: Uakutura Kambaekua) NAMPA

OPUWO, 18 November 2024 - IRDN Executive Director John Kasaona; Bertha Amakali, Director of Information and Research at MIRCO; and Stanley Kambonde, Executive Director of Kambonde Mineral Resources, were pictured at the Dr Theo Ben Gurirab Series in Opuwo. (Photo by: Uakutura Kambaekua) NAMPA

NAMPA
ONGWEDIVA, 19 November 2024 - Ongwediva Mayor Taarah Shalyefu handed over food parcels to people living with disabilities during a Christmas lunch hosted on Tuesday. (Photo by: Maria David) NAMPA

ONGWEDIVA, 19 November 2024 - Ongwediva Mayor Taarah Shalyefu handed over food parcels to people living with disabilities during a Christmas lunch hosted on Tuesday. (Photo by: Maria David) NAMPA

NAMPA
NKURENKURU, 19 November 2024 - The entrance to the VTC in Nkurenkuru. (Photo by: Lylie Joel) NAMPA

NKURENKURU, 19 November 2024 - The entrance to the VTC in Nkurenkuru. (Photo by: Lylie Joel) NAMPA

NAMPA