This paper examined the policy framework for macoeconomy and observing the coordination of monetary and fiscal policies in Nigeria by looking at the purpose of the broad macroeconomics objectives as well as the measures used in economic stability and management in Nigeria economy. These measures or policies are used in the economy to control instability in the country’s economy. The paper finds out that there is a positive relationship between money supply and GDP which is important instrument promoting stability in the economy. It is also the opioion of this paper that there should be a commitment to approach in deals which serves as a measure to control price and help in maintaning growth and development the country’s economy.
Keywords: Fiscal austerity, Monetary policy. Fiscal policy, Stabilization, Structural adjustment
