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Nepal, a developing country whose economy relies heavily on agriculture and remittances from migrant workers1, faces a range of economic challenges. Among them is moderate gross domestic product (GDP) growth, projected at 4.5% in fiscal year (FY) 2025, inflation pressure reached 6.05% in mid-December 20244, and a persistently large trade deficit.5In this context, the National Bank of Nepal (NBN), as the country’s central bank, plays a key role in maintaining macroeconomic stability. Its efforts are aimed at managing foreign exchange reserves, controlling inflation, and promoting economic growth through monetary policy.
By Alpha Business MediaNepal, a developing country whose economy relies heavily on agriculture and remittances from migrant workers1, faces a range of economic challenges. Among them is moderate gross domestic product (GDP) growth, projected at 4.5% in fiscal year (FY) 2025, inflation pressure reached 6.05% in mid-December 20244, and a persistently large trade deficit.5In this context, the National Bank of Nepal (NBN), as the country’s central bank, plays a key role in maintaining macroeconomic stability. Its efforts are aimed at managing foreign exchange reserves, controlling inflation, and promoting economic growth through monetary policy.