At a programme organized by Reporters' Club in the federal capital on Thursday, Executive Director and Spokesperson at NRB Gunakar Bhatta viewed that although the economy witnessed some stress due to liquidity and inflation, the pillars of economy are still strong. He admitted that Nepal's economy is having the impacts of Russia-Ukraine war. It has affected our supply system, he added.
Bhatta further informed that although the foreign exchange reserve is slightly lower than the corresponding period of the last fiscal year, there is no need to panic at all. As the COVID-19 impact is subsiding, positive changes would be seen in economy, Bhatta claimed.
The government has tightened the import of luxury goods. "Currently, we have the reserve that suffices the import of goods and services for six and half months," he said.
