Kathmandu – Nepal Rastra Bank Governor Maha Prasad Adhikari has stated that despite some discussions of crisis in specific sectors, Nepal continues to hold a stable “country rating.” He pointed to the recent growth in industries such as cement and iron rod (rebar) production as evidence of economic vitality, noting that this has led to an increased demand for bank credit.
Speaking at a felicitation event organized at Nepal Rastra Bank on Monday to congratulate the newly elected executive committee of the Nepal Economic Journalists’ Association (NAFIJ), Governor Adhikari emphasized that while economic activities have seen some improvement in recent times, overall progress has still fallen short of expectations.
He encouraged viewing the rise in credit demand as a positive sign, contributing to economic momentum rather than being seen as a strain on the financial sector.
