NRB Amendment Bill tabled in House of Representatives
Summary
The House of Representatives in Nepal has received the Nepal Rastra Bank (Third Amendment) Bill, 2083, aimed at strengthening the financial sector and enhancing macroeconomic stability.
Key Points
- The House of Representatives received the Nepal Rastra Bank (Third Amendment) Bill, 2083.
- Finance Minister Dr Swarnim Wagle tabled the bill.
- The bill seeks to update the legal framework of the central bank reflecting domestic and global financial changes.
- The amendments aim to maintain price and balance-of-payments stability and support sustainable economic development.
