Several governments across the world are known to employ two primary tools to manage the economy: fiscal policy and monetary policy.
Conversely, monetary policy is the purview of central banks like the CBN, focusing on regulating interest rates, managing currency supply, and overseeing credit management.
The primary objectives of monetary policy are to ensure financial stability and promote sustainable economic growth.
Attributing Nigeria’s economic struggles solely to Cardoso misses the interconnectedness of monetary and fiscal policies.
Understanding the symbiotic relationship between fiscal and monetary policies is essential in addressing Nigeria’s economic problems...
News articles remains the property of the source. Tellbrief is a news aggregator.
