Deuba-Oli discuss new govt formation ahead of floor test for PM Prachanda

Quick Summary:

K P Sharma Oli-led CPN-UML, the largest party in the ruling coalition, withdrew support for the Prachanda-led government last week after inking a power-sharing deal with the largest party - Nepali Congress - to replace the former Maoist leader, who is expected to lose the confidence vote.

Ahead of a floor test for the embattled Nepal Prime Minister Pushpa Kamal Dahal 'Prachanda' on Friday, leaders of the Nepali Congress and CPN-UML have agreed to form a new coalition government after ousting the former guerrilla leader.

The Nepali Congress, the largest party in the 275-member House of Representatives, has 89 seats at present, while CPN-UML has 78 seats.

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Article Details

Category: BusinessFinance

Markets: IndiaJapanNepal

Topics: PM Prachanda Sher Bahadur Deuba K P Sharma Oli Pushpa Kamal Dahal

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-11 @ 11:51:59 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 504 words

Reading Time: 3 minutes read

Sentences: 19 lines

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Copyright Owner: © Business Standard

News ID: 21571738

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