Nepal’s Central Bank Pressured to Loosen Monetary Policy

Exterior view of the Nepal Rastra Bank central building in Nepal.

Former governors of the Nepal Rastra Bank and private sector leaders urged the central bank to adopt an expansionary monetary policy to support economic recovery. According to *The Rising Nepal*, during a July 5 Finance Committee meeting, experts emphasized that tighter measures are unjustified given stable inflation. They also called for legal reforms to address non-performing loans and simplify banking processes.

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