Finance Minister Urges Nepal Rastra Bank to Become Partner in Economic Transformation
Summary
Finance Minister Dr. Swarnim Wagle has urged Nepal Rastra Bank to play a proactive role in Nepal’s economic transformation, with a focus on credit flow, policy coordination and support for productive sectors. He also pushed for stronger digital finance, fintech, startup funding and alternative financing mechanisms.
Key Points
- Dr. Swarnim Wagle called on Nepal Rastra Bank to move beyond regulation and become a partner in driving economic transformation.
- He said excess banking liquidity should be channelled into productive investment, industry and job creation.
- The finance minister stressed stronger coordination between monetary and fiscal policy and more support for digital finance, fintech and startup financing.
- He said the government has already started legal and institutional reforms and expects similar urgency from the central bank.
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