Nepal Purbadhar

बिहिबार, माघ १२, २०७९
Thursday, January 26, 2023

बिहिबार, माघ १२, २०७९
Thursday, January 26, 2023

NRB unveils monetary policy 

KATHMANDU: Nepal Rastra Bank (NRB) has released the monetary policy for the fiscal year 2079/80. The central bank has placed consumer price pressure and Balance of Payment (BoP) at the center of the policy, which is announced at a time when the country is facing rising inflation and a ballooning current account deficit.  The monetary policy has accorded priority to boosting investment for reproduction besides making an attempt to stabilize prices and the external sector. The current budget had set a target of achieving economic growth of 8 percent and maintaining inflation at 7 percent.

Governor Mahaprasad Adhikari said that the monetary policy will help to maintain this target set by the budget.

 

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