The impact of monetary policy on indicators of economic stability in Libya period (2005 - 2024)

Abstract

Monetary policy is considered one of the most important economic policies, as it addresses monetary variables and their impact on various aspects of a country's economy. This study aims to define monetary policy and its impact on economic stability indicators, specifically economic growth, inflation, and unemployment. Monetary policy, in conjunction with other policies, plays a significant role in achieving economic stability and the success of countries' economies. The central bank, which represents the country's monetary authority, must formulate a sound monetary policy using various tools to achieve the most important goal: economic stability. The descriptive analytical approach was used to describe the study variables and analyze tables to clarify the impact. The study concluded that monetary policy plays a significant role in influencing these indicators.