“…In the last decade, quite a few studies have examined the impact of ICT development on various socio-economic and environmental variables. As an illustration, ICT has been connected with sustainable development (Byrne, 2011); economic prosperity (Asongu, 2017;Levendis and Lee, 2013), CO2 emissions (Tsaurai and Chimbo, 2019;Batool et al, 2019;Sinha, 2018), economic development (Tchamyou, 2017;Murphy and Carmody, 2015;Penard et al, 2012), and banking growth (Watson et al, 2012;Kamel, 2005). The conclusion of the above studies is twosided.…”