مجلة الحوكمة، المسؤولية الإجتماعية والتنمية المستدامة
Volume 3, Numéro 1, Pages 254-270
2021-03-30

(the Impact Of The Unconventional Financing Policy In Addressing Algeria's Public Budget Déficit During The Period (2010-2018

Authors : Khelifi Samiya .

Abstract

This study aims to address the phenomenon of the general budget deficit that Algeria suffers from as a result of its connection to the hydrocarbon sector and making it vulnerable to fluctuations in oil prices, and in order to cover this deficit, it is necessary to research the financing options available for public spending in light of the decline in public revenues. New lending mechanisms have been introduced through resorting to Unconventional financing is an attempt to reach a balance in the public finances and the various indicators of economic and social development. The study reached the conclusion that the policy of unconventional financing has positive effects in the short term by providing liquidity to the public treasury, while disastrous results appear in the medium and long term. In the collapse of the currency in the Algerian dinar and the emergence of inflationary pressures

Keywords

general budget; ; general budget déficit; ; unconventional financing; ; the Algerian economy