Stronger Ties Between Banks and Businesses Key to Boost Economy, Says NRB Governor

Nepal Rastra Bank (NRB) Governor Dr. Bishwanath Paudel has stressed the need for better cooperation between financial institutions and the business sector to help revive the country’s slowing economy.

Speaking at a stakeholder meeting organized by NRB’s Dhangadhi branch on Monday, Governor Paudel said that improved coordination is vital to support economic growth. He added that the upcoming monetary policy will include necessary reforms based on public concerns and recent economic challenges.

“Our goal is to address the issues affecting the economy. The monetary policy will reflect what stakeholders have shared with us,” Paudel said. He also assured that the central bank is working on corrective measures to help stabilize and strengthen the financial system.