Friday, 24 January, 2025
By TRN Online, Kathmandu, Aug. 13: The monetary policy has projected that the inflation would be contained at 6.50 per cent this year while the private sector credit is expected to grow by 19 per cent.
Publishing the monetary for the fiscal year 2021/22 on Friday, the Nepal Rastra Bank (NRB) announced its policy outlook.
To support the economic growth target, the monetary policy is focused on increasing the broad money (M2) by 18 per cent on the basis of the nominal GDP growth target.
The cash reserve ratio is to be maintained the same as in the past fiscal year, at 3 per cent.
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