Maghreb Edition

Algeria boosts defense budget to tackle cross-border threatsF

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Posted On 23 October 2024

Number of times this article was read : 12119

Algeria’s draft Finance Law for the year 2025 earmarks record spending for its military and defense. The Ministry of Defense, which oversees the country’s armed forces, will receive more than US$25 billion, an increase of over 10% compared to 2024. The move is reflective of a worsening security environment on various fronts, from Libya with Khalifa Haftar ordering erratic troop movements along Libya’s border with Algeria, the explosive state of insecurity along the border with Mali, and the continued deterioration of the relations between Algeria and Morocco. In Algerian currency, the defense budget is set to exceed 3.34 trillion dinars.

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The North Africa Journal is a leading English-language publication focused on North Africa. The Journal covers primarily the Maghreb region and expands its general coverage to the Sahel, Egypt, and beyond, when events in those regions affect the broader North Africa geography. The Journal does not have any affiliation with any institution and has been independent since its founding in 1996. Our position is to always bring our best analysis of events affecting the region, and remain as neutral as humanly possible. Our coverage is not limited to one single topic, but ranges from economic and political affairs, to security, defense, social and environmental issues. We rely on our full staff analysts and editors to bring you best-in-class analysis. We also work with sister company MEA Risk LLC, to leverage the presence on the ground of a solid network of contributors and experts. Information on MEA Risk can be found at www.MEA-Risk.com.