The importance of the FRR fund as one of the sovereign funds in Algeria

Abstract EN

This study aims to shed light on the most important sovereign funds in the world.

The Revenue Control Fund is considered as one of the sovereign funds in Algeria.

It was established in 2000 after the rise in oil prices in global markets, in order to benefit from the surplus of actual oil collection revenues over the capacity in the annual financial laws.

The study found that the Revenue Control Fund is one of the most important sovereign funds in Algeria, and it plays an important role in reducing debt and financing the treasury deficit, and the resources of the Revenue Control Fund are affected by several external factors, the most important of which is the fluctuations of oil prices in the oil market, considering the financed oil tax The sole of the fund and its association with a single resource makes it vulnerable to external shocks