Prime Minister Balendra Shah Discusses Economic Revitalization with Nepal Rastra Bank Governor
Summary
Prime Minister Balendra Shah met with Nepal Rastra Bank Governor Vishwanath Poudel to discuss measures for economic revitalization, including adopting a flexible monetary policy and supporting entrepreneurship.
Key Points
- Prime Minister Balendra Shah urged the adoption of a flexible monetary policy to foster economic development and promote entrepreneurship in Nepal.
- Shah emphasized the role of Nepal Rastra Bank in maintaining investor confidence in the capital market.
- Shah called for easing restrictive provisions in monetary policy to create a more conducive investment environment.
- Governor Vishwanath Poudel committed to making the upcoming monetary policy professional, flexible, and supportive of all economic actors, including entrepreneurs and investors.