Nepal Rastra Bank Governor States Monetary Policy Supports Government Budget
Summary
Nepal Rastra Bank Governor Dr. Bishwanath Poudel states that the monetary policy for fiscal year 2083/84 supports the government budget and programs, emphasizing coordination between monetary policy and government initiatives.
Key Points
- Nepal Rastra Bank Governor Dr. Bishwanath Poudel said the monetary policy supports the government budget and policy for fiscal year 2083/84.
- The monetary policy has been designed to align with the government's policy and program, not surpassing it.
- Information leaks before the monetary policy announcement have been avoided this year, unlike in previous years.
- Former NRB executive director Nar Bahadur Thapa noted the monetary policy now focuses on limited areas and emphasized the need for corporate restructuring to foster entrepreneurship.
