The Effectiveness Of Monetary Management In Enhancing The Liquidity Of Algerian Economy During Crises

Abstract

The study aimed to highlight the effectiveness of monetary management in maintaining financial and economic stability in Algeria as it is the first line of defense against the various crises that Algeria experienced during 2014-2023, as the Bank of Algeria relied on a package of facilitative measures to maintain monetary rigidity. The descriptive and analytical approach was used. To display and analyze the most important indicators The study concluded that the use of monetary policy tools, such as refinancing banks and releasing additional liquidity from the compulsory reserve, had a significant impact in mitigating the financial and economic effects of these crises on the Algerian economy.