The study empirically investigated the effects of government expenditure on FX reserves in Namibia. Using quarterly data, applied Autoregressive Distributed Lag (ARDL) cointegration technique to examine relationship between and expenditure, exchange rate, external borrowing, current account balance M2 over period ranging from 2002 2020. results show that an increase reduces reserves. Furthermor...

The general objective of this study was to investigate the factors that affect levels foreign exchange reserves in Kenya. real inspiration based on fact continuous high appetite for external loans finance budget deficit/mega infrastructures country has been concern economists Kenyan economy. To achieve objectives a methodology framework autoregressive distributed-lag (ARDL) undertaken year peri...

The guidebooks call Mpumalanga one of the "often overlooked provinces" of South Africa.[1] Northeast of Johannesburg, its grassy hills are just a blur on the highway for foreign visitors heading to the spectacular game reserves of Kruger National Park. They will not often get to Themba Hospital in White River, just 50 miles from the border with Mozambique, serving over three million of Mpumalan...