Facing the delay in repaying bank loans in Algeria due to the corona pandemic

Abstract

of the Corona pandemic on the economy due to the state of health emergency and the consequent loss of income for a large group of those working in the private sector or liberal professions, many of these people found themselves unable or late to pay their loan installments, whether it was related to institutions or individuals, which prompted the Algerian authorities to Take a number of exceptional measures to mitigate the repercussions of this pandemic. By extrapolating the set of regulatory texts and circumstantial measures taken, it is clear that Algeria faced the effects of the outbreak of the Covid-19 epidemic through two important measures, the first related to rescheduling loans and postponing the payment of late installments, and the second measure is represented by the public treasury ensuring the reduction of the interest rate on loan