Sort Out Fiscal Woes

Nepali economy has seemingly started gaining steam in recent months, but the financial and monetary sectors' challenges persist. Due to the ongoing impact of the Russia-Ukraine war and the complex global economic and political situation, there looms a risk of continued external pressure on the economy. That's what the Acting Governor of the Nepal Rastra Bank (NRB), Dr. Nilam Dhungana Timsina, said as she spoke the other day at the programmes organised to celebrate the 70th anniversary of the NRB. Amid such global and domestic challenges, the central bank is said to have been making earnest efforts to maintain macroeconomic stability.