THE IMPACT OF PUBLIC DEBT ON MALI'S ECONOMIC GROWTH FROM 2010 TO 2019
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Abstract
ABSTRACT
Most African countries, including Mali, face limited domestic resources to meet their financing needs. To address this shortfall, Mali has resorted to public debt. The objective of this study is to determine the nature of the relationship between public debt and Mali's economic growth in two parts.
According to an analysis conducted using Eview 12 software, Mali's public debt has a positive impact on the Malian economy. In addition to public debt, other variables (investment, inflation rate, and trade balance) also contribute to economic growth in Mali, but not significantly.
Keywords: Public debt, economic development, Mali.
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