Parliamentary Committee Discusses Nepal Rastra Bank Act Amendment Bill

Kathmandu. Preliminary discussions were held in the Finance Committee of the Federal Parliament on the 'Bill to Amend the Nepal Rastra Bank Act, 2058'.In the meeting, MPs expressed their views on the autonomy of the central bank, the structure of the board of directors, and contemporary reforms in the financial sector. During the discussion, MPs presented various suggestions to maintain the independence of the bank.During the discussion, Rastriya Swatantra Party (RSP) MP Lima Adhikari Acharya proposed that the Finance Secretary should not be included in the board of directors to strengthen the autonomy of the Rastra Bank. Pointing out the...