The government on Wednesday failed to appoint a new governor of Nepal Rastra Bank (NRB) from the three persons short-listed by a panel.

The cabinet meeting which was held in Singha Durbar today couldn’t decide on the appropriate candidate for the coveted post from the three nominees for the position of NRB governor -- Yub Raj Khatiwada, vice chairman of National Planning Commission, Bir Bikram Rayamajhi, incumbent deputy governor of NRB and Rameshwar Khanal, secretary at the finance ministry.

Finance minister Surendra Pandey, also the coordinator of the panel, had tabled the aforementioned names at the cabinet meeting today morning.

Khatiwada, Rayamajhi and Rameshwar Khanal

The position of NRB governor has remained vacant for over three weeks now after the erstwhile governor Bijaya Nath Bhattarai retired last month. According to NRB Act, the government should finalise the name a new governor one month before an incumbent governor retires.

Similarly, the cabinet meeting also decided to get rid of all the state-owned public corporations that have already been liquidated.

The decision was taken as the liquated corporations have been causing financial burden for the government, although they are not in operation. Â

According to Minister for Information and Communication Shankar Pokharel, the meeting has approved in principle the action plan on construction of Raxaul-Omlekhgunj oil pipeline and the Terms of Refrence (ToR) for the implementation of the Janata Aawash 2066 (people’s residence).

The cabinet also promoted Nepal Army Brigadier General Kumar Budhathoki to the post of Major General. Similarly, Bishwanath Singh has been appointed as Chairman of Nepal Food Corporation and Anup Banskota as the Executive  Director of Information Study Centre. Nepalnews.com