Copyright © 2025 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
@article{155199, author = {Umar Ali Khan and Al Hussain Saqar Al-Rashdi and Issa Rafiq Al-Balushi and Moosa Ali Al-fulaiti and Mundhir Hassan Alhabsi}, title = {ANALYSIS AND IMPACT OF MONETARY POLICY DURING COVID-19 AND PRE COVID-19 ON ECONOMIC GROWTH– A CASE OF SULTANATE OF OMAN}, journal = {International Journal of Innovative Research in Technology}, year = {}, volume = {9}, number = {1}, pages = {279-287}, issn = {2349-6002}, url = {https://ijirt.org/article?manuscript=155199}, abstract = {The purpose of monetary policy as a strategy of economic management is to achieve long-term economic growth and development. As noted by Onyewu (2012), this was the chase of states and the formal illustration of how money effects economic numbers. This viewpoint extends back to Adam Smith's time and was later supported by monetary economists. Since describing the function of monetary policy in impacting macroeconomic goals such as economic growth and development, including job creation, price stability, GDP growth, balance of payments balance, and a variety of other monetary authorities. It is primarily responsible for utilizing monetary policy to design and implement strategies aimed at bringing the economy back into balance. Furthermore, monetary policy is not the only factor affecting GDP, employment, and prices. Many additional factors influence aggregate demand and supply, and hence the economic position of sectors of the economy. Some of these factors, such as shifts in economic growth, creditor positions, environmental catastrophes, disruptions in the oil market that reduce supply, agricultural losses, and slowdowns in productivity growth, can be expected and integrated into spending and other economic decisions. They are absolutely unexpected and have an unforeseen impact on the economy.}, keywords = {Money, Crisis, Monetary policy, Constraints.}, month = {}, }
Cite This Article
Submit your research paper and those of your network (friends, colleagues, or peers) through your IPN account, and receive 800 INR for each paper that gets published.
Join NowNational Conference on Sustainable Engineering and Management - 2024 Last Date: 15th March 2024
Submit inquiry