Monetary policy should not be rigid to keep the economy moving: PM Oli

Kathmandu – Prime Minister KP Sharma Oli has said that a new government has been formed to solve the problems in the country and make some changes.

Today, in a discussion with the Confederation of Nepal Industry officials, he clarified that he had already become the prime minister, so he did not return just for the position.

“The main goal of the present government is to solve the existing problems and strengthen the economy. I did not come only to become the Prime Minister, I came with the determination to solve the problems in the country and work for change. Therefore, the private sector should have hope and trust in this government and work together,” he said.

Taking the view that tax rates should not be changed blindly and the private sector should be able to protest when wrong policies are adopted, Prime Minister Oli emphasized that monetary policy should not be rigid to keep the economy running.

On that occasion, President Rajesh Kumar Agarwal asked the government to work with high priority to boost the sluggish economy.
Chairman Agarwal said that the sluggish economy should be made viable through monetary policy.