Covid’s epidemic was a major relief to a sluggish economy from last year’s monetary policy. The monetary policy of the current Fiscal Year 2078/079 brought by Nepal Rastra Bank is focused on moving the economy affected by the Corona epidemic. Monetary policy has been positive in post-Covid revival, entrepreneurship development and promotion of small and medium enterprises.

On Friday, Nepal Rastra Bank Governor Maha Prasad Adhikari announced the monetary policy a little later than last year.

While issuing refinancing facility while issuing monetary policy for the current year, the official said that priority will be given to small, home, small and medium enterprises.

He said that the available financial resources are being used to increase productivity, create employment, develop entrepreneurship and achieve sustainable and inclusive economic development by widening the scope of mobilization of financial resources.

The business continuity loan program will be effectively implemented for the revival of businesses including industries, tourism business, communication, transport, party palace, gymnasium, cinema and entertainment industry which are in crisis due to the Covid-19 epidemic.

In order to control inflation, the monetary policy aims to keep the consumer price inflation within the average of 6.5 percent in the current Fiscal Year 2078/79 and to manage liquidity to help the economy expand by giving priority to economic recovery.