سياسات ترشيد دور صناديق الثّروة السّيادية : دراسة حالة صندوق ضبط الموارد بالجزائر

Abstract EN

This study aims to identify the sovereign wealth funds and its importance, stand on the performance of the Fund for the Regulation of Receipts (FRR), and try to develop a plan to ensure the rationalization of its role and the optimal utilization of financial surpluses in Algeria.

It was found that since its beginning in 2000, the fund has suffered from imbalances in its structure and objectives, and its role limited to cover the deficit of the budget and reduce the size of the debt, as result of depending on petroleum levy it faced sensitive position when the oil prices drop.

So to rationalize its role and take it as sovereign fund, must be investing in hedge funds, emerging market and local development, also diversify its funding sources.