Kathmandu, April 23 -- The appointment process of the new central bank government has been thrown into uncertainty in light of mounting legal, political, and institutional hurdles.
In the latest twist in the appointment saga, a member of the committee tasked with recommending the next governor of Nepal Rastra Bank resigned on Tuesday, deepening the crisis over the appointment process that has stalled for around a month.
Former governor Bijaya Nath Bhattarai, who was nominated to the committee formed by the Cabinet on March 24 under Deputy Prime Minister and Finance Minister Bishnu Paudel's leadership, said he quit as the committee had failed to hold even a single meeting.
"There is no point in staying on a committee that has not been t...
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