29 March 2020 – Provided interest subsidies and rescheduled loan payments for individuals and businesses

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Business support
Sectors Involved:
Level of Jurisdiction: National
Lead People/Agency:

Overview: The Nepal Rastra Bank, which is the central bank of Nepal, will provide an interest subsidy for lenders and reschedule loan payments for businesses whose incomes have been affected by the COVID-19 pandemic.

This measure is intended to reduce the economic impact of COVID-19.
Full details here: https://www.nrb.org.np/bfr/circular/2076-77/2076_77_(Notice)–18-Covid-19_Related-new.pdf