KATHMANDU: Nepal Rastra Bank (NRB) published ‘SAARCFINANCE e-Newsletter (Vol-2, 2022)’, on Monday.
NRB Governor Maha Prasad Adhikari launched the publication amid a programme organised by the central bank. The bank has published the e-Newsletter as NRB Governor Adhikari is the Chair of SAARCFINANCE.
The e-Newsletter covers Governor Adhikari’s address and the policy forwarded by the 41st and 42nd ‘SAARC Finance Governors’ Group Meeting’ and the state of effort and implementation of the policy.
Similarly, the e-Newsletter also covers organisational policy of SAARCFINANCE including its statistical methods, technical assistance, training programmes, financial inclusion, mutual interaction, study/research, aid areas and the progress report of SAARC Payment Council. Moreover, the e-publication includes the impact of Covid19 and its effects on the SAARC region, policies adopted to address
the issues, monitoring indicators and statistics of macroeconomics of SAARC member nations.
Governor Adhikari said the publication includes the state of the financial sector, policy practice and common issues, and is a useful reference for the SAARC region.
42nd SAARCFINANCE Governors’ Group Meeting that concluded on November 15, 2021, elected NRB Governor Adhikari as chairman of SAARCFINANCE with effect from November 16, 2021, till October 2022.
‘SAARCFINANCE e-Newsletter’ which was a half-yearly publication in the past is being published on annual basis from last year.
‘SAARC Finance’ is a network of central banks of SAARC member countries.
SAARC Finance was established in 1998 with the objective of holding an open discussion on macroeconomic policy among SAARC nations and exchanging mutual support
11th SAARC Summit held in Kathmandu in January 2002 formally recognised the SAARCFINANCE.