Manifestations of Investment Freedom Through Financial Guarantees in Law 22-18 on Investment

Abstract

Algeria has actively pursued the enhancement of its investment environment, akin to other nations aiming for developmental progress. This endeavor has been facilitated through the formulation of legal provisions tailored to align with the country's diverse economic orientations. During its socialist orientation phase, Algeria crafted legal texts that reflected the unique needs of that era, predominantly spearheaded by state initiatives.

As it transitioned towards a market-driven economy, numerous legal frameworks were enacted to accommodate this shift, with the latest being Law 22-18 on Investment. This law not only underscores the legislator's intent but also highlights the critical importance attributed to the investment sector. It enshrines several core principles, notably the principle of investment freedom, by instituting a comprehensive array of guarantees, both substantive and procedural.