Timsina was given the responsibility by the Finance Ministry after the recommendation committee formed for the appointment of the Governor of the central bank delayed the recommendation process.
Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel has assigned Timsina as the acting governor in accordance with Section 27 of the Nepal Rastra Bank Act 2058 BS.
A three-member committee comprising former governor Bijaya Nath Bhattarai and economist Bishwa Poudel has been formed under the coordination of Finance Minister Paudel to recommend the appointment of the Governor. (RSS)
