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Nepal Rastra Bank has said that it will coordinate with the government to make the necessary laws for the construction of a separate mechanism for the regulation and supervision of savings and credit cooperatives. Rastra Bank said this while issuing the monetary policy on Friday.
"It will be coordinated with the Government of Nepal to create the necessary laws for the regulation and supervision of savings and credit cooperatives," said the monetary policy.
In the monetary policy, it is also said that the investment in energy related bonds, including energy bonds, can be calculated within the specified limits so that they are invested in the energy sector . "In order to increase investment in the energy sector, the investment made in energy related bonds including energy bonds issued by specialized organizations related to the energy sector will be arranged so that they can be calculated within the specified limits," said the monetary policy.
