Finance Minister Wagle Assures No Government Interference in Nepal Rastra Bank Autonomy
Summary
Finance Minister Dr. Swarnim Wagle says the government will not interfere in the autonomy of Nepal Rastra Bank and that the Finance Secretary should only coordinate fiscal and monetary policy. The Finance Committee has completed clause-wise discussion on the bill to amend the Nepal Rastra Bank Act, 2058.
Key Points
- Finance Minister Dr. Swarnim Wagle said the government will not interfere in Nepal Rastra Bank’s autonomy or the Governor’s decisions.
- He said the Finance Secretary should act only as a bridge for coordination between fiscal and monetary policy, not as a controller of the central bank.
- Lawmakers warned against excessive government involvement and said NRB should not be turned into a department of the Finance Ministry.
- The Finance Committee completed clause-wise discussion on the bill to amend the Nepal Rastra Bank Act, 2058 and asked its secretariat to prepare the report.
.png)