The Digitization of Public Finance in Algeria, Considering the Experiences of Some African Countries: Are There Any Lessons and Best Practices for Developing Countries?
Session
Management Business and Economy
Description
While the journey toward digitization in public finance is not without its challenges yet some countries are making progress in this direction. For instance, in Africa, Cote d’Ivoire, Gabon, and Kenya. It's clear that to fully realize the benefits of this new technology, countries must first address their basic IT infrastruture challenges. However, once these foundational elements are in place, the potential for progress is immense. In Algeria, the digitization of public finances is part of an ongoing effort to modernize its administration. The Ministry of Finance has implemented reforms in that field. Additionally, Algeria’s digital transformation has gained momentum with partnerships, such as with Huawei, to introduce this new technology. The modernization includes reforms for better expenditure control, revenue optimization, and simplification of procedures. In the first part, the paper seeks to present the recent reforms of Algerian public finance. In the second part, some lessons from developing countries that have introduced digitalization technology will be presented, and we conclude with a discussion on the challenges facing Algeria and developing countries in introducing digitalization in public finance
Keywords:
Ministry of Finance, Algeria, Digitalization in public finance
Proceedings Editor
Edmond Hajrizi
ISBN
978-9951-982-15-3
Location
UBT Kampus, Lipjan
Start Date
25-10-2024 9:00 AM
End Date
27-10-2024 6:00 PM
DOI
10.3107/ubt-ic.2024.6
Recommended Citation
Barka, Zine, "The Digitization of Public Finance in Algeria, Considering the Experiences of Some African Countries: Are There Any Lessons and Best Practices for Developing Countries?" (2024). UBT International Conference. 6.
https://knowledgecenter.ubt-uni.net/conference/2024UBTIC/MBE/6
The Digitization of Public Finance in Algeria, Considering the Experiences of Some African Countries: Are There Any Lessons and Best Practices for Developing Countries?
UBT Kampus, Lipjan
While the journey toward digitization in public finance is not without its challenges yet some countries are making progress in this direction. For instance, in Africa, Cote d’Ivoire, Gabon, and Kenya. It's clear that to fully realize the benefits of this new technology, countries must first address their basic IT infrastruture challenges. However, once these foundational elements are in place, the potential for progress is immense. In Algeria, the digitization of public finances is part of an ongoing effort to modernize its administration. The Ministry of Finance has implemented reforms in that field. Additionally, Algeria’s digital transformation has gained momentum with partnerships, such as with Huawei, to introduce this new technology. The modernization includes reforms for better expenditure control, revenue optimization, and simplification of procedures. In the first part, the paper seeks to present the recent reforms of Algerian public finance. In the second part, some lessons from developing countries that have introduced digitalization technology will be presented, and we conclude with a discussion on the challenges facing Algeria and developing countries in introducing digitalization in public finance