SAARC monetary policy workshop held in Nepal
NEPAL: A three-day workshop on the management of current
capital to formulate the monetary policy of the South Asian Association
for Regional Cooperation (SAARC) region kicked off in Nepali capital
Kathmandu on Wednesday.
Around 30 high level officials of central banks and financial sector
of the SAARC nations participated in the workshop. Inaugurating the
workshop, Governor of Nepal Rastra Bank (NRB), the central bank,
Deependra Bahadur Chhetri stressed the need of enforcing timely monetary
policy and building cooperation and collaboration at national and
regional level in a bid to keep SAARC region away from the effects of
global economic meltdown, according to Nepali national news agency RSS.
Deputy Governor of NRB, Bishnu Bahadur Manandhar expressed confidence
that the workshop would help activate the fiscal structure of this
region in an effective way through the sharing of knowledge and
experience gained in the area of monetary policy. KATHMANDU, Thursday,
Xinhua
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