While inspecting the Nepal Rastra Bank (NRB) central office on Wednesday, Pun also expressed his concern over the persisting slowdown in real estate and stock market though the government took a series of measures to revive the sectors.[break]
"We couldn´t rejuvenate the real estate sector though we are witnessing some improvement in the capital market, " Pun said. He, however, expressed satisfaction over some signs of improvement in financial sector due to NRB´s policy to encourage merger and other measures included in the monetary policy.
Stating that the government´s prime focus was on achieving higher economic growth, Pun claimed that the priority would not be affected due to announcement of partial budget for the current fiscal year. "We have strong foundation to achieve double digit growth within six years," he said, urging banks and financial institutions to play a lead role in strengthening access of rural people to the banking service.
He also suggested concerned agencies to work for the protection of deposits, promotion of refinancing of loan, controlling inflation and creation of employment opportunities through investment friendly environment in the country.
Governor Dr Yuba Raj Khatiwada informed FM Pun about the priority of the central bank toward maintaining financial stability in the country.
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