Nexus Between Money Supply and Economic Development in East Africa Countries: An Empirical Study using ARDL

This study assesses the connection between money supply and economic growth in developing countries. The made use of time series data from National Bureau Statistics (NBS) Bank Tanzania. was looked at using Auto Regressive Distributed Lag Model (ARDL). demonstrates that overall, has a significant favorable effect on expansion. results demonstrate boosts underdeveloped nations. indicate that, whole, significantly According to results, emerging nations' economies expand faster when there is more available. In order forecast future value growth, also recommended studies include exogenous variables autoregressive integrated moving averages.