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What is Impact of Climate Change On Budget Balan about?

This study examines the impact of climate change on budget balance and fiscal policy in the ECOWAS region, revealing that rainfall significantly increases budget deficits, while other macroeconomic factors like debt-to-GDP ratio and inflation also contribute to widening deficits. The findings suggest that extreme weather conditions distort fiscal balance, leading to increased borrowing and reduced attention to other economic sectors. Recommendations include expanding revenue generation sources and fostering

Author

lekafiabrice

Language

EN