Algeria’s Public Finance Restructuring: Navigating Economic Transformation in the Post-Oil Era

Abstract

This paper examines Algeria’s ongoing efforts to restructure its public financial management system in response to hydrocarbon revenue volatility and growing fiscal pressures. Drawing on statistical data, legislative reforms, and economic indicators, it investigates Algeria’s attempts to diversify revenue sources, optimize its fiscal system, and overhaul public finance management. The study concludes that although Algeria has embarked on a significant structural reform program, considerable constraints remain, particularly regarding subsidy reform, public sector wage pressures, and institutional capacity limitations that continue to impede comprehensive reform. These findings suggest that while the reform agenda is broadly sound, its effectiveness hinges on overcoming the structural and political economy barriers that have so far kept implementation partial and uneven.

JEL: H60, H62, H63, O17, O55, Q33