MONETARY POLICY AND ECONOMIC GROWTH: A DELICATE BALANCE

Achieving sustainable industrial growth is a complex endeavor, requiring careful adjustment of government spending and tax policies. Fiscal policy, the implementation of these tools by authorities, can stimulate growth by increasing aggregate demand or by allocating resources into productive sectors. However, excessive expenditure can lead to price

Fiscal policy, the government's utilization of expenditure and levies to influence economic activity, can have a profound effect on inflation. Expansionary fiscal policy, which involves raising government spending or reducing taxes, can stimulate aggregate demand, leading to higher prices if availability cannot keep pace. Conversely, contractionary