Jul Sun 2020 05:38:53
1166 views
The new monetary policy to be introduced by Nepal Rastra Bank will address small and medium enterprises and is also preparing to provide concessional packages to small and medium enterprises.
Monetary policy will focus on debt rescheduling and proportional distribution of refinancing. NRB sources have stated that the necessary strategy will be formulated for that. Similarly, corona affected areas are being studied and corona affected areas will be specially addressed in the monetary policy. Another problem is the lack of liquidity in the market. NRB is said to be vigilant in addressing this. At present, there is liquidity of Rs 200 billion in the market. When this is not enough, necessary initiatives will be taken for more liquidity.
The downturn caused by the Corona epidemic has hit the economy hard. In order to revive the economy, monetary policy will address small and medium enterprises. According to a Nepal Rastra Bank source, the package will be brought to small and medium entrepreneurs with concessions.
Similarly, monetary policy will bring new plans for a self-reliant economy. According to Nepal Rastra Bank sources, the 9SME monetary policy will focus more on small and medium enterprises looking for liquidity alternatives. NRB is committed to monetary policy by distributing proportional refinancing facility at each local level. Monetary policy will also address micro-entrepreneurship. It is said that loan distribution program will be brought focusing on small entrepreneurs