Highlights of Monetary Policy - Nepal FY2077/78 (2020/21)

Central Bank of Nepal unvealed it's Monetary Policy on July 17, 2020 for the Fiscal Year 2020/21. Governor Mr. Maha Prasad Adhikari through the annual monetary policy attempts to mitigate the economic effects of Covid-19, promising to help support businesses get back on their feet. Extension of the loan repayment deadline, refinance facility, grace period extension for infrastructure projects and targeted lending in productive sectors at cheaper rate are the key measures the Nepal Rastra Bank announced in its monetary policy for the fiscal year 2020-21 for relief and revival of various sectors affected by the virus.

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