NEWS

NRB interacts with GAN officials on Monetary Policy (FY 2078/79)

04-Jul-2021

Garment Association Nepal officials led by its President Mr.Chandi Prasad Aryal participated in a webinar based  interaction organized by Nepal Rastra Bank .NRB Governor Mr.Maha Prasad Adhikari and other senior officials were present on the webinar meeting. GAN officials emphasized for the implementation of policies focused on export in the country and refinancing loans be fixed for  short to long term with a period of 3 to 5 years.Besides, the association drew attention over the simplified procedure in acquiring the cash incentives on exports and one  action plan to deal with post LDC graduation situation  after 2026 as the reliefs granted till now to the Nepali exports shall be withdrawn in the EU countries.GAN has already  requested to the central bank to incorporate a number of policy level  changes to help rehabilitate Nepali Readymade garments industry.