#Nepal #CentralBank #Governor #FinanceMinister
In a recent development, a three-member ‘recommendation committee’ has been formed under the coordination of Finance Minister Vishnu Paudel to recommend the Governor of the Nepal Rastra Bank. The decision was made during a cabinet meeting held on Monday at Singhadarbar. The establishment of this committee is a significant step in the process of selecting the new governor of the central bank.
The formation of the committee aims to ensure a transparent and systematic approach in the appointment of the Governor of the Nepal Rastra Bank, a crucial position responsible for overseeing the country’s monetary policy and financial stability. The Finance Minister, as the coordinator of the committee, will play a key role in leading the selection process and ensuring that a qualified and competent individual is appointed to this important role.
In response to this news, Ramesh Khatri, a representative of Kansai Nepal News, expressed his opinion that the creation of the recommendation committee is a positive move towards enhancing accountability and professionalism in the selection of key positions within the financial sector. He emphasized the importance of having a structured and objective process in place to appoint officials who can effectively steer the country’s monetary policies and economic growth.
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Author: MAYA | HARUTO
Posted at: March 25, 2025 12:01 am
