Enhancing The Effectiveness Of Monetary Policy In Combating Inflationary Pressures: Problems, Prospects And Remedies

  CHAPTER ONE INTRODUCTION 1.1     BACKGROUND OF THE STUDY Monetary policy entails the government policies aimed at changing the quantity of money or credit condition. In every economy, after fiscal policy, the next most powerful macro-economic stabilization is monetary policy. In fact Monetary and fiscal policies are expected to work together as complements to achieve one goals of a sound macro economic management that include amongst other domestic price stability external sector viability as well as enhance efficiency in resource allocation, distribution and utilization. Monetary policy …