Both concerns seem to cast doubt on the credibility of this part of our forward guidance – wrongly, in my view, considering our proven track record of decisive action in the face of adverse shocks that threaten to jeopardise the achievement of our price stability objective.
Allow me, at the outset, to extend my sincere appreciation to the Embassy of Denmark and UNCDF for supporting the Government of Nepal by launching this Project that aims at expanding financial access to the rural people and help raise their living standards and ultimately reduce the poverty level in the country.