KATHMANDU: Nepal Rastra Bank (NRB) has unveiled monetary policy for the current fiscal year 2020/21 today. NRB Governor Maha Prasad Adhikari said that the monetary policy has been focused on a target to reduce the impact of coronavirus pandemic on the economy.
The government has set a target to achieve a seven percent economic growth rate in the current fiscal year. Some issues have been incorporated into the policy to meet this goal. The policy has given special emphasis for investment in agro, energy, and the small and medium-scale industries with a target to reduce the impact of coronavirus on the economy.
Similarly, the policy has set a target to forward the Agriculture Development Bank as the leading bank for the development of the agriculture sector. The monetary policy has been formulated for further encouraging the bank and financial institutions for the investment in the agro sector added Governor Adhikari.
Comment here !
KATHMANDU:- The calendar of upcoming 14th general convention of ruling Nepali Congress (NC) has been put off due to delay
KATHMANDU:- The Nepal Rastra Bank (NRB) has directed the concerned agencies to release the exchange rate from 10:00 am to
KATHMANDU:- A total of 2,977 new cases of COVID-19 have been reported in the past 24 hours, according to the
CHITWAN:- CPN (UML) senior leader Madhav Kumar Nepal has asserted that it was upto the leadership whether to make or