Governor Poudel meets with Finance Minister Paudel

Newly appointed Governor of Nepal Rastra Bank (NRB) Biswo Poudel called on Deputy Prime Minister and Finance Minister Bishnu Paudel on Wednesday.

On the occasion, DPM Paudel congratulated the newly appointed Governor and extended best wishes for his successful tenure.

Furthermore, DPM Paudel expressed his confidence that Governor Poudel would take important and result-oriented initiatives to address the economic and monetary sector's challenges by ensuring smooth coordination between the fiscal and monetary policy.

In reciprocation, the new NRB Governor reaffirmed the NRB's commitment to facilitate implementation of the Ministry of Finance's fiscal policy through the Central Bank's monetary policy.

Moreover, he pledged to emphasise enhancing supervisory capabilities of the central bank to strengthen efficiency of the financial sector.

Industry, Commerce and Supplies Minister Damodar Bhandari, Finance Secretary Ghanashyam Upadhyay and Revenue Secretary Dinesh Kumar Ghimire among others were present on the occasion.

A Cabinet meeting held on Tuesday evening decided to appoint Poudel as the 18th Governor of Nepal Rastra Bank.