Financing alternatives of budget deficit in Algeria 2014-2018 : analytical study

الملخص EN

This study aimed to clarify the most important financing alternatives that have been adopted by different governments in Algeria Since the decline in oil prices in 2014.

This period was accompanied by the start of the application of expansionary monetary policies so-called “unconventional financing”.

The study concluded that the resource regularization fund is the most important source of financing for the public budget deficit, and that there is an increase in dependence on the so-called exceptional revenues represented by the distributions of Bank of Algeria, In addition, the unconventional financing, The bond loan and bank financing are financing solutions in the past two years.