@article{jfe2020812,
author={Akoto, Dickson},
title={Deficit Financing in Ghana and Its Impact on the Economy},
journal={Journal of Finance and Economics},
volume={8},
number={1},
pages={6--12},
year={2020},
url={http://pubs.sciepub.com/jfe/8/1/2},
issn={2328-7276},
abstract={Deficit financing in Ghana has become an annual phenomenon mainly as a result of the country¡¯s inability to raise enough revenue to finance its budget. This situation has prompted the researcher to assess its impact on the economy. Analysis from the research indicates that Ghana¡¯s budget deficit financing and economic growth are negatively correlated. This implies that deficit financing has had negative impact on Ghana¡¯s economic growth over the research period.  The research also showed that budget deficit financing increased in political election years of the country; indicating that over ambitious agenda of politicians is one of the contributing factors of budget deficits in Ghana.},
doi={10.12691/jfe-8-1-2}
publisher={Science and Education Publishing}
}