Nepal Rastra Bank has scheduled a board meeting for 5 PM today without disclosing a clear agenda. Governor Dr. Baikuntha Paudel is expected to finalize and approve the draft of the upcoming monetary policy during the meeting.
Nepal Rastra Bank (NRB) has called a meeting of its board of directors today at 5 PM. However, the central bank has not made any specific agenda public in advance. With the new monetary policy in its final stage of preparation, Governor Dr. Baikuntha Paudel has verbally informed board members that another meeting may be needed tomorrow evening as well.
Following Wednesday’s discussions, Governor Paudel stated that the board would reconvene on Thursday evening. Since Tuesday, he has been reviewing the draft of the monetary policy prepared by the Economic Research Department in consultation with the bank’s management committee.
The objective appears to be to conclude internal discussions and obtain board approval for the policy by the end of today. According to existing provisions, the monetary policy must be made public within 15 days after the end of the fiscal year. In previous years, the policy was typically released during the second week of Shrawan. However, this year, Governor Paudel is preparing to release it almost three weeks earlier than usual.
This article was originally published on https://bajarkochirfar.com
Translated with the help of AI and reviewed by our editorial team.
