KATHMANDU: The monetary policy for the current fiscal year 2081-82 is set to be announced today.
Prior to the public release, the Nepal Rastra Bank (NRB) has scheduled a meeting of its Board of Directors for Friday morning.
The announcement of the monetary policy, initially set for last Friday, was delayed.
This postponement occurred after Dr. Yuvraj Khatiwada, the former Finance Minister and former Governor of the NRB, became the Prime Minister’s economic advisor.
Consequently, the release of the policy was halted.
Earlier this week, Prime Minister KP Oli, during a vote of confidence, emphasized the need for flexibility in monetary policy.
He noted that the formation of the new government has generated enthusiasm in the stock market and expressed his commitment to strengthening other sectors of the economy.
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