Kathmandu, July 26: Nepal Rastra Bank, the central bank of Nepal, is set to announce its monetary policy for the fiscal year 2081/82 today.
Governor Maha Prasad Adhikari has scheduled a crucial Board of Directors meeting for Friday morning to finalize and approve the policy.
The release of the policy, initially planned for the previous week, was postponed due to a request from the Prime Minister’s Office for additional review. The Draft Management Committee, which has completed its review, will not require further meetings. Instead, the policy will be directly approved by the Board of Directors and made public later today.
The delay stemmed from a request by Dr. Yuba Raj Khatiwada, the newly appointed Economic and Development Advisor to Prime Minister KP Sharma Oli. Dr. Khatiwada, a former Governor and Finance Minister, sought a final review of the policy. Following a week of revisions, the updated monetary policy draft will be officially unveiled today.
