Revenue Regulation Fund

Algeria US$ 77.2 Billion
Established: 2000
Transparency Rating: 1
View Sovereign Fund Transaction Data
View Asset Allocation		 Origin: Oil & Gas
Firm Investment Style: N/A
Entity Structure: Fund
Population Est.: 38.1 million – 2013
Wealth Per Capita Est.: 2027
Summary
The stabilization fund was set up in 2000 to insulate the Algerian economy from price volatility in gas & oil commodity prices. The official name is the Fund for the Regulation of Receipts (FRR). It is also known as Fond de Regulation des Recettes (FRR). Fund contributions stem from annual oil taxation surpluses.

Background
By far Algeria’s most significant exports, financially, are petroleum and natural gas. Hydrocarbons provide Algeria with almost two-thirds of government income and over a third of gross domestic product. The FRR is funded by the differences between the price of oil sold on the market and the reference price ($37 per barrel) on the basis of which is established on the state budget.

Strategy & Objectives
The sovereign fund partakes in conservative investments.

Governance
It is managed by the Banque d’Algérie.

Go Back: HOME