Nepal’s central bank, the Nepal Rastra Bank, has announced its plan for managing the country’s money for the next year. This plan, called the monetary policy, was released today after some delays.
The bank’s boss, Governor Maha Prasad Adhikari, said the plan is flexible and fits with the government’s goals for the country. The plan was supposed to come out last week but was held up because of changes in the government.
The new government wants a plan that helps the economy grow and makes people feel good about investing their money. The central bank’s new plan will try to balance keeping prices stable and making sure there is enough money for businesses and people.
We will have to wait to see the details of the plan, like how much interest rates will change and how much money banks can lend. Read full Plan below.
