Expert Warns Against Short-Term Economic Fixes: Urges Long-Term Monetary Strategy for Stability

Financial expert Nar Bahadur Thapa has issued a crucial warning, stating that continuously rescheduling loans will not lead to lasting economic improvement. This insight is vital for investors, as a stable economic environment underpins all market performance, including NEPSE and bullion. Thapa advocates for a shift in monetary policy, proposing it move beyond annual plans to a robust three-to-five-year medium-term strategy. Such a strategic pivot could foster greater predictability in the market, encouraging sustained investment and mitigating risks associated with short-term economic volatility. For the everyday investor, this means a potential for a more stable and growth-oriented financial landscape, improving the outlook for their savings and investments.

• Repeated loan rescheduling hinders long-term economic growth; expert calls for 3-5 year monetary policy strategy.