Measuring the effect of foreign exchange reserves on public investments in Algeria during the period 1990-2019 using ARDL regression models

Abstract

This study aims to measure the effect of foreign exchange reserves on public investments in Algeria during the period 1990-2019, as the study relied mainly on the use of the standard statistical analysis program (EVieus.12) to apply statistical and standard methods to build the model. The study concluded that there is a positive relationship. There is a strong effect between foreign exchange reserves and public investments in Algeria, meaning that there is a positive impact of foreign exchange reserves on public investments in Algeria, taking into account the negative effects, especially after the oil shock of the summer of 2014, which led to the freezing of many investment projects as a result of low revenues and low exchange reserves. Foreign