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Fiscal and Monetary Policy Issues and Economic Stabilization Measures in Nigeria

This study investigated the effect of fiscal and monetary policy issues on economic stabilization in Nigeria, with economic stabilization proxied by GDP growth rate (GDPGR). Fiscal policy was represented by the government revenue-to-GDP ratio (GRGDPR) and the capital expenditure-to-total expenditure ratio (CETER), while monetary policy was represented by the monetary policy rate (MPR) and real interest rate (RINTR). The study adopted an ex-post facto research design and used annual time-series data covering the period 1981–2024, sourced from the Central Bank of Nigeria (CBN) Statistical Bullet…

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    from https://iiardjournals.org/get/IJBFR/VOL. 11 NO. 7 2025/FISCAL AND MONETARY POLICY 166-187.pdf