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“The financial sector is linked to the trust of citizens, everyone should understand its sensitivity” – Governor Adhikari

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Kathmandu. Nepal Rastra Bank Governor Maha Prasad Adhikari has said that it is necessary to move forward by understanding the sensitivity of the financial sector. Governor Adhikari said this while inaugurating a two-day interaction program organized in Kathmandu in collaboration with the Rastra Bank and the Nepal Association of Economic Journalists (NAFEJ) on Sunday.

‘The financial sector is very sensitive. However, some people do not understand this sensitivity, which has also created negative perceptions among citizens,’ Governor Adhikari said, ‘Therefore, the media should also disseminate news based on truth and facts.’

He said that the central bank has been conducting various programs to ensure that accurate information is disseminated and that misinformation is not spread. He also expressed his gratitude for the support of the media in both easy and difficult situations during his tenure as governor.

‘The role of economic journalists in the economy is important. Citizens form their opinions based on the way journalists communicate economic and financial information. If what journalists understand is correct, the information will also be correct,’ said Governor Adhikari. ‘How does the central bank collect the data that is made public? How old is the data that is made public? We should interpret and analyze all such information by taking information from all such issues.’

He said that if accurate information is disseminated, citizens will take the right decisions and help in planning as needed. He said that accurate information flow is necessary as even short content presented on social media has a great impact on the market.

In the inaugural session of the interactive program, Rastra Bank Executive Director Tulsi Prasad Ghimire said that the financial sector is a subject related to the trust of the citizens.

‘The financial sector is a more sensitive sector than other sectors. It is a subject related to the trust of the citizens. If the citizens do not have trust in it, it will affect the entire economic and financial sector,’ Ghimire said. ‘If truthful information on issues related to the economic and financial sectors is brought out, it will also help the central bank.’

This program, which mainly aims to enhance the capacity of economic journalists, will be conducted until Monday. Nafiz President Menuka Karki said that such programs have helped in enhancing the capacity of economic journalists. She said that Nafiz will organize such programs in collaboration with various stakeholders in the coming days.

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