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Home Prime News

NRB seeks suggestions for monetary policy

CEO Tab by CEO Tab
July 10, 2022
in Prime News
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Interest rates not to change despite high demand for loans
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The Nepal Rastra Bank (NRB) has sought suggestions for the monetary policy for the upcoming fiscal year from the stakeholders.

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The central bank sought the suggestions from the stakeholders for the monetary policy as per NRB Act, 2058 for the fiscal year, 2079/80.

Clause 44 of Section-5 under the Central Bank Act has given full authority to the central bank to formulate and implement the monetary policy.

For this, the economic investigation department at NRB has said anyone can furnish (email) the suggestions at monetarypolicy@nrb.org.np.

Earlier, the the central bank had made public the monetary policy for the existing fiscal year on July 13, 2021.

Generally, monetary policy is made public after a month of the budget announcement.

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