Revenue Regulation Fund
US$ Billion: 54.8
Entity Structure: Fund
Transparency Rating: 1
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 GDP. 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. Fund contributions stem from annual oil taxation surpluses.
News and Updates
Central Bank of Algeria
1. All figures quoted are from official sources, or, where the institutions concerned do not issue statistics of their holdings, from other publicly available sources.
Fund Information Feedback: please email email@example.com
Please read Fund Feedback Policy, only reply if you are representative of this Fund.
|Legal Notice © 2008 - 2009 Sovereign Wealth Fund Institute Inc. All Rights Reserved.|