أثر تقلبات سعر الصرف على العجز الموازني دراسة حالة الجزائر 1990_2021

Abstract

"This study aims to determine the impact of exchange rate fluctuations on the budget deficit - a case study of Algeria - during the period (1990- 2021) using an autoregressive approach for distributed lag periods, and this is in light of the continuous deterioration of the dollar and the currency devaluation policy that Algeria has followed in recent years, in addition To the crises and shocks that Algeria experienced from the financial and oil crisis, in addition to the health crisis in 2019 (Covid-19), where descriptive and quantitative were used. The study concluded that the reduction policy followed in Algeria was not effective in correcting the imbalance in the general budget, and this is due to the nature of the national economy, which is based on fuel, and the presence of a negative effect for both variables of the study, the exchange rate and the budget deficit, because there is no co- integration relationship between them. Keywords: exchange rate, budget deficit, imports (fuel sector)."