Transcription of Monetary Policy for 2021/22
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Unofficial Translation Monetary Policy for 2021/22 Nepal Rastra Bank Central Office Baluwatar, Kathmandu August 2021 Monetary Policy for 2021/22 Delivered by Governor Mr. Maha Prasad Adhikari on 13 August 2021 Nepal Rastra Bank Central Office Baluwatar, Kathmandu Nepal Rastra Bank Central Office Baluwatar, Kathmandu Nepal Phone: 4410158 Website: TABLE OF CONTENTS BACKGROUND .. 6 GLOBAL ECONOMIC SITUATION .. 7 DOMESTIC ECONOMIC SITUATION .. 8 FINANCIAL SECTOR SITUATION .. 9 REVIEW OF Monetary Policy 2020/21.
formulating monetary policy. Global Economic Situation 8. According to the International Monetary Fund (IMF), the world economy contracted by 3.2 percent in 2020 and is projected to expand by 6 percent in 2021. The world economy expanded by 2.8 percent in 2019. 9. The advanced economies contracted by 4.6 percent in 2020 and are projected to
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