Newly Appointed Central Bank Governor Meets Finance Minister to Discuss Economic Coordination

Dr. Bishwo Paudel, the newly appointed Governor of Nepal Rastra Bank, paid a courtesy visit to Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel at the Ministry of Finance this morning.

During the meeting, the Finance Minister congratulated the new Governor and extended his best wishes for a successful tenure. He stressed the importance of aligning fiscal and monetary policies to stabilize and strengthen the economy, expressing confidence that Governor Paudel would take a proactive role in addressing current macroeconomic challenges.

Governor Paudel, on his part, emphasized the collaborative role of the central bank in supporting fiscal policy through effective monetary tools. He stated that while the Finance Ministry leads national economic planning, the central bank ensures its implementation by maintaining financial stability. He also highlighted plans to enhance the supervisory capacity of the central bank to improve the efficiency and resilience of the financial sector.