tsconfig.json

{
    "compilerOptions": {
      "target": "ES2016",                      // Update target to at least ES2016
      "module": "CommonJS",                   // Specify module code generation
      "outDir": "./dist",                     // Redirect output structure to the directory
      "rootDir": "./src",                     // Specify the root directory of input files
      "strict": true,                          // Enable all strict type-checking options
      "esModuleInterop": true,                 // Enables emit interoperability between CommonJS and ES Modules
      "skipLibCheck": true,                   // Skip type checking of all declaration files
      "forceConsistentCasingInFileNames": true, // Disallow inconsistently-cased references to the same file
      "baseUrl": "./src",                     // Base directory to resolve non-relative module names
      "paths": {
        "*": ["node_modules/*", "*"]          // Allow module resolution for packages
      },
      "lib": ["ES2016", "DOM"]                // Use ES2016 and DOM library support
    },
    "include": ["src/**/*.ts"],               // Specify the files to be included in the compilation
    "exclude": ["node_modules", "**/*.spec.ts"] // Exclude certain files/folders from compilation
  }