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ECONOMY

Central bank to facilitate digital payments

KATHMANDU, July 23: The Nepal Rastra Bank (NRB) will offer additional facilitation in digital payments in a bid to stop financial anomalies and facilitate revenue collection, according to the Monetary Policy for the current fiscal year, 2023/24 unveiled today.
By Republica

KATHMANDU, July 23: The Nepal Rastra Bank (NRB) will offer additional facilitation in digital payments in a bid to stop financial anomalies and facilitate revenue collection, according to the Monetary Policy for the current fiscal year, 2023/24 unveiled today.


"Revenue collection will be facilitated by maximally utilizing the digital payment system by the offices offering public services," it has been said.


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On the introduction of the digital currency, additional work would be carried out based on a study on the matter. Similarly, the inflow of foreign currencies by exporting services including information technology would be made more effective, said the policy.


(RSS)

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