February 11: Governor of Nepal Rastra Bank Maha Prasad Adhikari has urged all stakeholders to promote the skills of local workers. According to Governor Adhikari, at a time when a large number of Nepali citizens have been forced to seek foreign employment the country has been providing jobs to lots of skilled workers from outside the country. In this context, Governor Adhikari stressed that adequate training for Nepali workers could help in promoting domestic workforce.

During an interaction with a delegation from the Federation of Nepal Gold and Silver Dealers Association on Wednesday, Governor Adhikari suggested the businessmen involved in this sector to produce skilled workers within the country. He also expressed the central bank’s commitment to develop skilled workers within the country.

According to a report, around 70,000 foreign workers are currently employed in the gold crafting business in Nepal.

Governor Adhikari also stressed on the use of QR code and digital payment with the gold dealers.

“Although big transactions take place in gold business, they are still done in the traditional way. There is a need to adopt modern technology in accordance to the present context,” said Adhikari.

Governor Adhikari informed that he would address the demands of the gold dealers to the possible extent. Stating that the supply of gold is directly related to the country’s foreign exchange reserve, he added that the demands of the gold dealers would be addressed by giving due consideration to the market demand.

“The central bank is ready to address the valid demands of the gold dealers,” said Adhikari.