Nepal Rastra Bank Preparing to Announce Monetary Policy in the First Week of Shrawan

Nepal Rastra Bank is preparing to announce the monetary policy for the upcoming fiscal year 2081/082. Here are the key points:

1. Preparation of Monetary Policy:

- Nepal Rastra Bank is set to announce the monetary policy in the first week of Shrawan.

- Currently in the drafting phase, gathering suggestions from various private sectors and the government.

2. Collection of Suggestions:

- Suggestions for the monetary policy are being sought by Asar 16.

- Consultations are ongoing with the private sector and other stakeholders.

3. Governor's Statement:

- Governor Maha Prasad Adhikari stated that the monetary policy will be aimed at achieving the budget goals.

- The policy will be designed to stimulate the overall economic sector.

4. Characteristics of the Monetary Policy:

- The upcoming fiscal year's monetary policy is expected to be relatively loose.

- The policy will be prepared to expand loan investments with a relaxed approach.

5. Introduction to Monetary Policy:

- Monetary policy is a strategy designed to control the supply of money.

- It is formulated by the central bank of a country.

- In Nepal, Nepal Rastra Bank is responsible for developing the monetary policy.

6. Objectives of the Monetary Policy:

- To prevent the supply of money exceeding market requirements.

- To manage inflation.

- To control price increases.

7. Inclusion in Financial Policy:

- It includes financial policy and foreign exchange policy.

- Policies related to the regulation of banks and financial institutions.

Nepal Rastra Bank's monetary policy aims to bring stability to the market and improve economic activities. Necessary amendments will be made based on suggestions received from various stakeholders.