Kathmandu,July-09 Finance Minister Dr. Yubraj Khatiwada has said that the upcoming monetary policy will address the problems of interest rate.
Answering the queries of MPs in National Assembly, Minister Khatiwada informed that Nepal Rastra Bank (NRB) is finalizing the monetary policy of the upcoming fiscal year.
Moreover, Khatiwada clarified that the size of the budget of the upcoming FY is ideal. He explained that unlike previous budgets, the budget of the coming FY has been disbursed to many segments of many placements making the budget visibly undersized.
He opined that the budget is balanced as per the geography, population and other indicators. “Given that the budget has adapted federal structure, the central budget will also be implemented through local and provincial level,” he added.