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Monetary policy should be flexible for a vibrant economy: PM Oli

Metakhabar by Metakhabar
July 19, 2024
in Auto, Business, Featured-news, News, Society
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Monetary policy should be flexible for a vibrant economy: PM Oli
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Kathmandu, July 19: Prime Minister KP Sharma Oli has asserted that the new government was formed to resolve problems surfaced in the country and to make some changes.

During the discussion with office-bearers of the Confederation of Nepalese Industries (CNI) here today, Prime Minister Oli clarified that he did not take the responsibility of the Prime Minister this time just for the sake of it as he had already became the Prime Minister.

He mentioned, “The main objective of the incumbent government is to resolve the existing problems and to strengthen country’s economy. I became the Prime Minister this time with the determination to resolve the problems and to make some changes in the country, and not only for the post. So the private sector should work together with government believing it.”

Expressing the view that tax rate should not be changed at the behest of someone and the private sector should protest against wrong policies, the Prime Minister stressed that the monetary policy should be flexible to make the economy dynamic.

On the occasion, CNI president Rajesh Kumar Agrawal urged the government to work with high priority to lift up the economy which has slowed down since the last three years. Stating that although the external sector is encouraging, the domestic economy was still in problem as the productive and construction sectors have been affected the most, he stressed on the need of boosting the morale of the private sector.

The CNI President underscored on making the sluggish economy vibrant through the monetary policy.

CNI former presidents Bishnu Kumar Agrawal, Satish Kumar Mor and Haribhakta Sharma, vice-presidents Nirvan Chaudhary, Birendra Raj Pandey, Raj Bahadur Shah, Amit Mor and Bhim Ghimire, and the governing council members Shiva Ratan Sharada, Yogeshwar Lal Shrestha and Bal Krishna Shrestha, among other officials, shared on the present condition of the economy and gave suggestions to the PM on ways of improving it.

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Nepal-India Border Coordination Meeting held
Featured-news

Nepal-India Border Coordination Meeting held

by Metakhabar
June 16, 2026
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Mahendranagar (Kanchanpur) : The meeting of the Nepal-India Border Coordination Committee concluded here on Monday. The meeting was attended by...

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Gandaki Province Assembly to meet today

Gandaki govt. presents budget of Rs 32.99 billion

June 16, 2026
Foreign Minister Khanal meets with CPC leader Liu

Foreign Minister Khanal meets with CPC leader Liu

June 16, 2026
Over 2,300 Gharial crocodiles released in various rivers in 45 years

Over 2,300 Gharial crocodiles released in various rivers in 45 years

June 15, 2026
Foreign Minister Khanal visits Chinese Academy of Sciences

Foreign Minister Khanal visits Chinese Academy of Sciences

June 15, 2026

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