The monetary policy is one of the major policy instruments used by central banks around the world to keep a check on the health of the economy. As Covid-19 continues to affect the key sectors of the economy, the central bank of Nepal that also works as the country’s Monetary authority – Nepal Rastra Bank (NRB) – has introduced several measures to keep the country’s economy running amid the ongoing crisis. This policy brief takes into consideration evolving issues from the pandemic and provides some feasible recommendations to the central bank and the government to frame policies to better address the crisis.
