Nepal Rastra Bank has stated its commitment to work continuously to minimise the risk of global financial recession in Nepal. The bank has assured to maintain financial stability for which it has been implementing regulatory and supervision works.
NRB expressed this on the occasion to mark its 54th anniversary on April 27. Economists and finance experts speaking at the anniversary function of NRB stressed the need to expand its outreach to the remote and rural parts of the country.
Acknowledging its role, NRB said that it would formulate monetary and fiscal policies so as to support the target of achieving high economic growth.
Source: THT
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Sunday, June 14, 2009
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