Does the Mode of Financing the Budget Deficit Matter for Inflation? the Case of the Gambia

This study examines whether the mode of financing budget deficit matter for inflation, the case of the Gambia. We are able to identify five instruments that are used for budget deficit financing in the Gambia namely: broad money growth, gross capital formation, official exchange rate and current account balance. We excluded donor fund because it is not a reliable sources of government revenue. The study employed Vector Error Correction Model and Granger Causality to determine the short-run, long-run and causality relationships of the variables respectively. We are able to ascertain that all the selected mode of budget deficit financing adapted by The Gambia have both short-run and long-run Significant impact on Inflation rate between 1970-2020. Notably, broad money growth that is considered to be influenced by state printing of money or the money market is the key mode of budget deficit financing in The Gambia and has high significant impact on Inflation

Modeling and Forecasting Infections, Fatalities and Recoveries From COVID-19 Pandemic in SSA: a Case of the 10 Hotspot in Sub-Saharan Africa

This paper aims to model COVID 19 infections and fatalities and how the growth paradigm of the continent will shift overtime. The study used epidemiological data of countries and two mathematical models, i.e., Logistic model growth model and modified growth model to predict number of patients (infections), number of deaths and number of recoveries from COVID-19 in the continent. In this study, it is showed that with the current state of the spread of the COVID19, it is projected that the number of infections will reach 141,733 in the next 30 days and 986,059 patients in the next 60 days. Also, 12,972 will die in the next 30 days and 151,190 in the next 60 days and 73,590 will recover in the next 30 days and 490,547 in the next 60 days. These estimates will help countries to strengthen their policies towards COVID-19 such as lockdown, social distancing, wearing of face masks, washing of hands with water and soap and using hand sanitizers