Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: The Nepal Rastra Bank (NRB) is gearing up for the quarterly review of the Monetary Policy for 2020-21.
NRB reviews the Monetary Policy every three months by assessing the monetary and economic situation and the state of implementation of the monetary policy. However, this year the central bank will review the Monetary Policy based on statistics of the four months due to COVID-19 circumstances, as per Gunakar Bhatta, spokesperson of NRB.
“We are collecting necessary statistics of the four months and majority of data have already been acquired,” informed Bhatta, adding that though quarterly review will focus on rectifying few provisions in the initial Monetary Policy.
Meanwhile, bankers have suggested different suggestions to be addressed though the quarterly review of the Monetary Policy. Here are their few suggestions:
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