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The primary objective of Nepal Rastra Bank is to maintain price and balance of payments (BoP) stability for ensuring economic stability and sustainable economic development, by formulating and managing necessary monetary and foreign exchange policies, as mandated by the Nepal Rastra Bank Act, 2002.
Know Your Bank Notes; Statistics. Banks & Financial Institutions Regulation Department. ... Monetary Policy (In English) 2024/25 (Full Text) ... Monetary Policy (in Nepali) 2081-82 (Full Text) July 26, 2024 784.52 kb. Monetary Policy 2080-81 3rd Quarter Review. May 17, 2024 265.64 kb. Monetary Policy 2080-81 Midterm Review.
15 lip 2024 · “Nepal has made important strides on its economic reform agenda. Decisive actions in monetary policy, bank regulation and rolling off COVID support policies played a major role in overcoming urgent balance of payments pressure in FY2021-22. Reserves continue to rise without the need to use distortive import restrictions.
29 lip 2024 · Nepal Rastra Bank (NRB) unveiled its monetary policy for FY 2024/25 on July 26, 2024. Its main objectives are to help achieve the government’s 6% economic growth and 5% inflation targets, provide adequate liquidity for borrowing and lending, and incentivize investment in the productive sectors of the economy.
Monetary policy is formulated based on the domestic as well as external economic and financial situation and outlook along with considering the objectives and priorities of the bank, and the implementation status of the monetary policy for 2023/24.
The upcoming monetary policy NRB has focused towards controlling inflation till 6.5% to ensure the economic growth along with dollar reserve that can cover for imports up to 7 months.
Growth will decelerate this year under tight monetary policy, the unwinding of pandemic stimulus, and persistent global headwinds, then pick up again in fiscal 2024. Inflation will rise again on elevated import prices, but the current account deficit will narrow with a reduced trade deficit and buoyant remittance inflow.