التكامل الاقتصادي
Volume 11, Numéro 5, Pages 66-84
2023-09-30

An Overview Of The Conduct Of Budgetary Policy In Algeria From 1990 To 2020.

Authors : Tiab Faycal . Abderrahmani Fares .

Abstract

The purpose of this article is to examine the conduct of budgetary policy in Algeria from 1990 to 2020, based on the study of its instruments and objectives. This analysis reveals two major periods: from 1990 to 2000, during which budgetary policy was constrained by measures initiated to address the economic crisis, including stabilization and structural adjustment plans starting from 1994. In the context of the prevailing urgency in 2001, social and political pressures, along with the increase in hydrocarbon prices, prompted the government to implement stimulus plans to foster economic growth. However, starting from 2014, following the decline in hydrocarbon prices that affected the Algerian economy, the government was compelled to adopt new policies of budgetary rigor.

Keywords

Budgetary policy ; Economic growth ; Economic crisis ; Hydrocarbons ; Stimulus plans