THE IMPACT OF FISCAL AND MONETARY POLICY ON THE NIGERIAN ECONOMY

ABSTRACT

The study was undertaken to ascertain impact of fiscal and monetary policies in Nigeria Economy. Being economy has long history of its economic problems irrespective of developing economy regardless of the nature of economic practices. That is in operation in the same vein, individuals, organizations, face similar problem of how to organize, economically to evolve a viable and sustain economic growth. It is behind the background that government as the matter of traditional design for such fiscal year addition economic policy and restructures the existing one to be in consonants with past and current called a budget which is a forecast for a projection into the future or bringing the future into the present. These measures are harmonized and experimented upon with the ultimate at the close of the fiscal and year. It is in view of that government adopt monetary and fiscal policies to monitor and supervise the demand and supply of money and the impact of fiscal and monetary policies in the economy to identify me excesses and evolve measure to eliminating them. It can be seen that there is no solution to economic problem.