The stabilization fund was set up in 2000 to insulate the Algerian economy from price volatility in oil & gas 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.
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.
Immeuble Ahmed Francis
16306 Ben Aknoun
Tel: +213 (0)21 59 51 51
Strategy & Objectives
The sovereign fund partakes in conservative investments.
The Fond de Regulation des Recettes is managed by the Banque d’Algérie.