Monetary policy for FY 2074\75 made public

Published On: July 9, 2017 04:40 PM NPT By: Republica  | @RepublicaNepal


KATHMANDU, July 9: Nepal Rastra Bank (NRB) today publicized a monetary policy for the fiscal year 2074\75 BS amid a program in the Capital. 

Speaking at the event, NRB governor Dr Chiranjibi Nepal shared that monetary policy has prioritized agriculture, tourism, energy, small and cottage industries and liquidity management. 

Likewise, a NRB official said Nepal's economic growth rate is satisfactory. "Nepal's balance of payment is satisfactory, financial imbalance is decreasing and there is positive change in economy," he said. 

The NRB said investment would be made in prioritized projects by using monetary instruments to achieve a 7.2 percent economic growth rate in the next fiscal year. RSS 

 


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