Newly-appointed governor Poudel assumes his office

Kathmandu: Dr. Biswo Poudel, the newly appointed Governor of Nepal Rastra Bank, has assumed his office.

Dr. Poudel took the oath of office and secrecy from Chief Justice of the Supreme Court, Prakashman Singh Raut, and then reached the central office of the Nepal Rastra Bank.

The government had appointed Paudel as the Governor of Nepal Rastra Bank on Tuesday. Paudel also met with Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel. He visited the Ministry of Finance on Wednesday morning to meet the Finance Minister.

On the occasion, Finance Minister Paudel congratulated him and extended best wishes for a successful tenure.

Finance Minister Paudel, mentioning the need to move forward through coordination between fiscal and monetary policies, expressed confidence that the newly appointed Governor Paudel would take important initiatives to resolve the problems seen in the economy and the monetary sector.

Governor Poudel stated that the Ministry of Finance leads the country’s economy, while Nepal Rastra Bank supports the implementation of fiscal policy through monetary measures. He emphasized enhancing the supervisory capacity of the central bank to improve the effectiveness of the financial sector.

On the occasion, Minister for Industry, Commerce, and Supplies Damodar Bhandari, Finance Secretary Ghanashyam Upadhyay, Revenue Secretary Dinesh Kumar Ghimire, and others also extended congratulations and best wishes to the newly appointed Governor Poudel.

Nepali version of the news