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Budget Deficit, Domestic Debt and Economic Growth in Selected West African Countries: Evidence from Short-Run and Long-Run Dynamics

The budget deficit is another key issue in the economic policies of West Africa. The budget deficit impacts economic growth and macroeconomic stability. The purpose of this study was to examine the impact of budget deficits and domestic debt on economic growth in Nigeria, Ghana, Côte d'Ivoire, Senegal, and Mali, from 1982 to 2023. The countries were chosen depending on the magnitude of their economies, fiscal structure, and the fact that they are representative of both Francophone and Anglophone countries. The countries represent 67.41% of the population of West Africa and contribute more than…

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