KATHMANDU: Nepal Rastra Bank (NRB) has set a target to contain inflation at 5 percent for the upcoming fiscal year.
Unveiling the monetary policy on Friday, NRB Governor Dr Biswo Poudel announced that the central bank would aim to maintain economic stability while supporting moderate credit expansion and controlled inflation.
The monetary policy also targets a 13 percent growth in money supply and a 12 percent increase in private sector credit in the new fiscal year.
Governor Poudel said these goals are aligned with the broader macroeconomic objectives of the government and are intended to support sustainable economic growth without triggering inflationary pressures.
This year’s policy comes amid cautious optimism in the financial sector, which is still recovering from sluggish credit demand and liquidity challenges over the past year. The central bank aims to strike a balance between economic stimulation and financial discipline.
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