Prime Minister Balendra Shah Urges Nepal Rastra Bank To Introduce A Flexible Monetary Policy

Prime Minister Balendra Shah has urged Nepal Rastra Bank to introduce a flexible and business friendly monetary policy to support economic growth, strengthen the stock market, and encourage entrepreneurship across Nepal.

Prime Minister Shah discussed the country’s economic situation with Nepal Rastra Bank Governor Prof. Dr. Biswo Nath Poudel at the Office of the Prime Minister and Council of Ministers.

The discussion lasted for about an hour and focused on making Nepal’s economy more active, stable, and supportive of businesses and investors.

Call For Economic Revitalization

Prime Minister Shah said immediate action is needed to make the national economy stronger and more dynamic.

He suggested that the upcoming monetary policy should provide necessary support and flexibility for the country’s overall economic development. He also called for measures to improve confidence in the stock market and encourage people to establish industries and businesses in Nepal.

According to the Prime Minister, cooperation between the government and the central bank is important for improving public and investor confidence in the economy.

Focus On Stock Market Stability

Prime Minister Shah asked Nepal Rastra Bank to play a supportive role in protecting the confidence of general investors involved in the capital market.

He suggested reviewing restrictive and difficult provisions that may discourage investment in the stock market. He said the monetary policy should create a more positive and encouraging environment for investors.

The Prime Minister also highlighted the need for balanced policies that support market stability while making investment conditions easier.

Easier Financing For Entrepreneurs

Prime Minister Shah called for easier access to loans for small and large entrepreneurs who want to establish industries, expand businesses, and create employment opportunities within Nepal.

He said entrepreneurs should be able to invest without unnecessary fear or difficult banking conditions.

The Prime Minister also suggested making bank interest rates and loan distribution conditions more supportive of entrepreneurs. Such reforms, he said, could encourage domestic investment and help create more jobs.

Priority For Women And Disadvantaged Communities

Prime Minister Shah stressed that women entrepreneurs and business owners from economically and socially disadvantaged regions should receive special support.

He suggested using monetary policy tools to provide concessional loans and improve access to financial services for these groups.

According to the Prime Minister, bringing more women and people from disadvantaged communities into the country’s formal economy is important for Nepal’s long term economic development.

Government And Central Bank Cooperation

Prime Minister Shah said the government and Nepal Rastra Bank must work together to restore economic confidence and accelerate growth.

He expressed confidence that coordinated policies between the two institutions could create a better environment for businesses, investors, and entrepreneurs.

The discussion also focused on ensuring that financial policies support national economic priorities and respond to the needs of the private sector.

Governor Poudel Promises Flexible Policies

Governor Prof. Dr. Biswo Nath Poudel said Nepal Rastra Bank is committed to preparing a professional, flexible, and timely monetary policy.

He stated that the government and the central bank share the common goal of accelerating Nepal’s economy. Governor Poudel also said the central bank would not introduce policies that unnecessarily inconvenience or frighten investors and entrepreneurs.

He promised that Nepal Rastra Bank would use its policies to support stock market investors, domestic businesses, and the wider economy.

Upcoming Monetary Policy In Focus

The upcoming monetary policy is expected to influence bank lending, interest rates, business investment, stock market activity, and overall economic confidence in Nepal.

The government is seeking policies that make financing easier, encourage domestic investment, and support employment creation.

The meeting between Prime Minister Shah and Governor Poudel signals a coordinated effort to improve economic activity and create a more supportive environment for investors and entrepreneurs.