A parliamentary panel is considering reducing the central bank governor’s term from five to three years. The proposal includes a potential two-year extension contingent on performance reviews. Former governors have voiced concerns that shortening the term could increase the bank’s vulnerability to political influence. This comes at a critical time, as maintaining the central bank’s stability is seen as crucial. Critics argue that a shorter term might prioritize short-term political goals over long-term economic health. The proposed changes are raising questions about the independence of the central bank and its ability to effectively manage monetary policy. The debate highlights a tension between governmental oversight and the need for an insulated monetary authority.