Opinion | A coherent policy moment, but will it deliver?
Summary
Nepal's coordinated fiscal and monetary policies aim to stimulate economic growth by lowering interest rates, increasing housing loans, and improving financial inclusion, but challenges remain in execution and investor confidence.
Key Points
- Nepal's inflation is moderate and foreign reserves are sufficient, indicating economic stability.
- Monetary policy reductions aim to lower borrowing costs to stimulate consumption and investment.
- Increased credit for housing is targeted to boost the economy and create jobs through related sectors.
- Financial inclusion is promoted by expanding deprived sector lending and reforming SME loan terms.
