The Nepal Rastra Bank (NRB) has put forth a comprehensive set of 190 recommendations to the Ministry of Finance for the upcoming fiscal year 2081/82 budget. Governor Maha Prasad Adhikari disclosed this during a session of the Economic Committee under the House of Representatives, emphasizing the inclusivity of the process.
These recommendations, derived from input across all seven provinces, cover various sectors crucial to Nepal’s economic landscape. With a focus on enhancing competitiveness and resilience, 19 suggestions target the tourism sector. Additionally, initiatives to support agriculture, animal husbandry, and forestry are emphasized through 25 recommendations, aligning with efforts to promote sustainable rural livelihoods.
Furthermore, 10 recommendations aim to stimulate growth and innovation in the industrial sector, while another 10 address monetary and banking affairs, highlighting the importance of financial stability for overall economic well-being.
Governor Adhikari reiterated NRB’s commitment to providing continuous guidance to the government in overcoming regional challenges and fostering inclusive development. He emphasized the significance of these recommendations in addressing the diverse needs of each province and ensuring comprehensive economic progress.