19.1 C
Sunday, October 24, 2021
    Nepal Breaking NewsEconomy | FinanceMonetary policy ensures that refinancing for pandemic-affected industry continues

    Monetary policy ensures that refinancing for pandemic-affected industry continues

    Must Read

    The government has promised continue refinancing -affected industries and businesses in fiscal year 2021/22.

    The Nepal Rastra Bank (NRB) released its monetary policy on Friday, and Governor Maha Prasad noted that the current fiscal year’s provision of refinancing pandemic-affected industry has been maintained.

    - Advertisement -

    “It has been determined continue the monetary policy this year so not to exceed the maximum limit imposed previous fiscal year,” Governor stated, adding that “refinancing facility will be on priority basis to micro, cottage, small and medium enterprises.”

    Meanwhile, the NRB indicated that it will assure the continuation of financing programmes for the restoration of industries such as tourism, communication, transportation, party palaces, gymnasiums, and the cinema and sectors that have been impacted by the coronavirus pandemic.

    You May Also Like


    Please enter your comment!
    Please enter your name here

    Latest News

    Nyadi Hydropower’s IPO Allotment Concludes

    The initial public offering (IPO) of Nyadi Hydropower Limited has been completed today at the Naxal office of issue...

    More Articles Like This