National Bank Act Amendment Bill Report Unanimously Passed

Summary

The Finance Committee unanimously passed the report on the bill to amend the Nepal Rastra Bank Act, 2058. The committee said the amendment could bring structural changes in Nepal’s economic development, with key discussions centered on leadership selection and the bank’s functioning.

Key Points
  • The Finance Committee unanimously passed the report on the bill to amend the Nepal Rastra Bank Act, 2058.
  • Committee Chairman Dr. Krishnahari Budhathoki said the amendment should help Nepal make an economic leap and bring structural changes.
  • Discussions focused on how the Nepal Rastra Bank leadership is selected and how it performs.
  • Members were invited to submit further suggestions in writing to the Finance Committee Secretariat.
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