The Nepal Rastra Bank (NRB) has unveiled the first quarterly review of the monetary policy for the current fiscal year.
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KATHMANDU, July 22: The Nepal Rastra Bank (NRB) is scheduled to unveil its monetary policy at 4 PM on Friday.
Governor Maha Prasad Adhikari will be unveiling the monetary policy for fiscal year 2022/23 this evening.
A virtual press conference will also be held this evening after unveiling the policy, according to the Finance Ministry.
According to Narayan Prasad Pokharel, information officer at NRB, the policy will be unveiled live through various televisions and official websites of the bank.
KATHMANDU, August 13: Nepal Rastra Bank (NRB) is releasing the Monetary Policy today. The NRB Board of Directors meeting today approved the policy and it is being released today.
The monetary policy is prepared targeting to address COVID-19 hit economy and prop up the industries and enterprises affected by the pandemic. It is said the monetary policy is prepared in the periphery of the previous fiscal year's monetary policy.
Monetary policy is understood as the policy of supporting the economic growth target set by the Government by maintaining macroeconomic stability and mobilizing financial resources to expand economic activities in the country.