Abstract
Monetary policy is an important component of the sustainability and development of the economy of modern countries. Its importance became more obvious in the 20th century, when many countries began to adhere to indirect methods of regulating the economies of countries, thereby weakening the role of fiscal policy in favor of monetary policy. The importance of monetary policy lies in the fact that it ensures the stability of the economy, thereby creating conditions for economic growth that will lead to economic development. However, digitalization is also penetrating this area, and now the countries needs to think about creating a digital currency in order to conduct an effective monetary policy.
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