NCC Applauds Monetary Policy 2082/83 as Catalyst for Economic Revival

The Nepal Chamber of Commerce (NCC) has positively endorsed the Monetary Policy for Fiscal Year 2082/83, calling it a supportive framework for economic revitalization. Key highlights include reduced interest rates, enhanced credit flow, and expanded loan facilities to bolster sectors such as real estate, construction, hydropower, SMEs, and agriculture.

The policy also introduces flexible working capital loan guidelines and boosts the margin loan limit for investors. Additionally, it eases regulations related to bounced cheques, foreign travel allowances, and provides collateral-free loans for youths seeking foreign employment. While applauding these measures, the NCC urged deeper reforms in loan classification and emphasized the need for cohesive alignment between the monetary policy and the national budget.