Budget deficit and inflation nexus in Uganda 1980–2016: a cointegration and error correction modeling approach
EfD Authors:
One of the principal goals of monetary policy pursued by Central Banks worldwide is virtually price stability. Understanding inflationary dispositions and its determinants is therefore a critical issue from the monetary authorities, scholars and the policy makers viewpoint. The purpose of this paper is to investigate the budget deficit and inflation nexus for Uganda for the period 1980–2016. This is because budget deficit in Uganda has been one of the top topical issues of concern in the country’s historical economic problems.
