Kathmandu. Current fiscal year 2082. The annual review of the monetary policy for the year 83 has been made public today. <\/p>\n
KATHMANDU: Nepal Rastra Bank (NRB) has released its annual monetary policy review today. The NRB has also pointed out the challenges seen in the implementation of the monetary policy. <\/p>\n
Here are the challenges<\/strong><\/span><\/p>\n The economy had to face various national and international challenges in course of the implementation of the monetary policy for the fiscal year. The impact of global geopolitics on trade tariffs, damage to petroleum infrastructure caused by the war between Israel, the US-Iran war, supply chain disruptions caused by the closure of the Strait of Hormuz, and the pressure on global inflation due to rising fuel prices. <\/p>\n The slow arrival of late monsoon in Nepal, the decrease in agricultural production due to excessive rainfall in the month of September, the uneasy situation following the agitations of September 7 and 24, 2002 and the weakening of the morale of the private sector have put pressure on the overall demand. <\/p>\n At the same time, the flow of credit from the financial system could not increase as expected due to the decrease in foreign trade, sluggishness in public and private construction, division of land and confusion over the issue of power purchase agreement. <\/p>\n Due to the lack of expected expansion of economic activities and also the quality of loans issued in the past, the non-performing loan ratio has increased and the investment capacity of the bank has been declining. As a result, the amount of money brought in from the remittance inflow was added to the financial system, but due to the lack of expected increase in credit flow and investment, the situation of excess liquidity persisted and the monetary management remained under pressure.<\/p>\n","protected":false},"excerpt":{"rendered":" Kathmandu. Current fiscal year 2082. The annual review of the monetary policy for the year 83 has been made public today. KATHMANDU: Nepal Rastra Bank (NRB) has released its annual monetary policy review today. The NRB has also pointed out the challenges seen in the implementation of the monetary policy. Here are the challenges The […]<\/p>\n","protected":false},"author":16,"featured_media":229318,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45117,45159],"tags":[],"class_list":["post-306016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bank-finance-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/306016","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=306016"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/306016\/revisions"}],"predecessor-version":[{"id":306017,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/306016\/revisions\/306017"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/229318"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=306016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=306016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=306016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}