NRB To Bring Monetary Policy Within First Week Of Shrawan
January 5, 2023 | Investopaper
The monetary policy will come in the first week of Shrawan. Nepal Rastra Bank has fixed the date through the first amendment to the monetary policy formulation procedure.
Hence, the opinions/suggestions for monetary policy formulation will be taken within the second week of Jestha.
The preliminary draft of the monetary policy prepared on the basis of the opinions/suggestions received in the inter-departmental coordination committee meeting will be submitted to the management committee. According to the instructions of the management committee, the department has to modify the initial draft point by point and submit it to the committee.
Similarly, the quarterly and half-yearly reviews of monetary policy will be published within 30 days of the end of each quarter.