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Home Prime News

Nepal’s Financial Outlook Positive, Asserts Governor Adhikari

CEO Tab by CEO Tab
October 27, 2024
in Prime News
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Banks need restraint to solve liquidity problem: Governor Adhikari
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Governor of Nepal Rastra Bank, Mahaprasad Adhikari, stated that Nepal’s financial sector is stable, with balanced inflation and a healthy foreign exchange reserve.

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During the 46th meeting of the SAARC Finance Governors Forum on Friday, he noted that the country’s foreign exchange reserves are sufficient to cover imports for the next 13 months. He also highlighted the stability of remittance inflows and the financial market.

The forum brought together governors from SAARC member states to discuss regional financial cooperation, collaborative research, and capacity building. Governor Adhikari is participating in various World Bank events as part of a delegation led by Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel.

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