Cabinet Meeting Scheduled Today; Possibility of Appointing New NRB Governor

Prime Minister KP Sharma Oli has called a Cabinet meeting for today at 6 PM. The key agenda of the meeting is expected to be the appointment of a new Governor for Nepal Rastra Bank (NRB).

A recommendation committee has already been formed to initiate the selection process. The committee is chaired by Finance Minister Bishnu Poudel, with former Governor Maha Prasad Adhikari and economist Dr. Posh Raj Pandey as members. As per procedure, the committee must recommend three candidates for the post of Governor.

Sources indicate that the ruling parties — Nepali Congress and CPN-UML — have already reached an agreement to appoint Dr. Bishwo Poudel as the new Governor. Following the increased possibility of his appointment, Dr. Poudel resigned from the recommendation committee to maintain neutrality.

It is highly likely that today’s Cabinet meeting will finalize the appointment of one of the recommended candidates, signaling a leadership change at Nepal Rastra Bank.