The Macroeconomic effects of Covid-19 pandemic in Algeria-2020 review-
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Date
2022
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Publisher
Oum El Bouaghi University
Abstract
This study aims to assess the impacts of COVID-19 outbreak on Algeria’s economy, by presenting and analysing a set of macroeconomic indicators. The results of study showed that COVID-19 outbreak led to a significant contraction and stagnation in Algerian economy on the different levels as a result of the twin shocks of containment measures and the fall hydrocarbon export revenues due to the sharp drop in oil prices, leading to a significant increasing in macroeconomic imbalances in 2020.
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Keywords
COVID-19, Twin shock, Macroeconomic indicators, Impact, Algerian economy