Chapter 2 Establishment, Objectives and Functions, Duties and Powers

Section 4: Objectives of the Bank

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1) The objectives of the Bank shall be as follows:-

(a) * To formulate necessary monetary and foreign exchange policies in order to maintain the stability of price and balance of payment for *economic stability and sustainable development of the economy, and manage it,

(b) To increase access to financial services and improve public confidence towards the banking and monetary system by maintaining the stability of the banking and financial sectors,

(c) To develop a secure, healthy and efficient system of payment,

(d) *………………..

(e) *………………

2) The Bank shall, without any prejudice to the objectives referred to in sub-section (1), extend co-operation in the implementation of the economic policies of the Government of Nepal.

* Added by the Second Amendment

* Deleted By the Second Amendment

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Section 4: Objectives of the Bank

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