Kathmandu: The scheduled release of the monetary policy by the Nepal Rastra Bank (NRB) has been postponed, according to sources familiar with the matter.
Originally slated for today, the unveiling of the policy has been delayed due to recent government developments, including the appointment of Dr Yubaraj Khatiwada as the Economic Adviser to Prime Minister KP Sharma Oli.
Sources within the NRB have revealed that Dr Khatiwada, in his new advisory role, has raised certain concerns regarding the policy framework. As a result, additional deliberations and discussions are deemed necessary before finalizing and announcing the policy.
Governor Maha Prasad Adhikari, who had earlier planned to announce the policy following discussions with Finance Minister Bishnu Paudel, confirmed the postponement. The policy, originally expected to be made public on Friday, will now undergo further review and refinement.
The delay underscores the importance of addressing economic considerations comprehensively, ensuring that the monetary policy aligns effectively with current government strategies and economic goals.